Many Florida consumers quietly deal with an unwanted burden -- overwhelming debt. This can make every aspect of life more difficult, and it often weighs heavily on people's mental health. However, for many people, Chapter 7 bankruptcy can be a smart, financially safe...
Month: July 2018
How to stop creditors and get debt relief?
For as long as there has been debt, debt collectors have existed. Many of these collectors use tactics that fall somewhere in the gray area outside of legal, although the law is perhaps a bit unclear on the matter. Coupled with the fact that debt collection fraud is...
Many millennials struggle with credit card debt
Credit card debt is one of the most pervasive forms of debt in American society. One survey found that 32 percent of people with debt would give up their favorite snacks for at least one year, and 31 percent said they would give up social media for a...
Many homeowners behind on house payments because of Irma
Natural disasters are unavoidable and often leave a wake of physical destruction in their paths. However, once the news crews pack up and leave, many people forget about the financial struggles of hurricane victims in Florida. For many, these types of disasters lead...
As Americans repay bills, debt relief still necessary for some
Paying back debt can be difficult, both financially and emotionally, but many Americans seem to be doing a good job of it. There are several factors that contribute to consumers' increased ability to repay their debts, including better job prospects and a thriving...
Can a short sale stop home foreclosure?
Given the choice between a foreclosure and a short sale, which would you choose? Most people in Florida zero in one the word "sale" and make a quick decision. Although it certainly seems like a smarter option to quickly sell before home foreclosure hits, it can...
Did this myth contribute to your credit card debt?
The elusive credit score -- countless consumers across Florida are constantly trying to improve their scores. After all, better credit score can lead to better financial opportunities, like home mortgages and lower interest rates on credit cards. However, one...
You can keep important property during Chapter 7 bankruptcy
For those in dire financial straits, bankruptcy is usually the best option for debt relief. Chapter 7 bankruptcy is a popular choice for many people in Florida, as, unlike Chapter 13, it does not require a repayment plan before debts are discharged. However, many...
Behind on house payments? You have options
Buying a house is a monumental achievement. Putting down roots, raising a family and building a thousand tiny memories all help transform that house into what most people in Florida truly crave -- a home. When faced with the possibility of losing that home, most...