Receiving an unexpected medical bill can be devastating for the average person's finance situation. But what about when a Florida patient is anticipating opening up their mailbox to find a large bill waiting for him or her? In some cases, knowing what is coming does...
Year: 2018
Want to avoid home foreclosure? Look in housing-diverse areas
Losing a home to foreclosure is a traumatizing event that often feels unavoidable. Now, some experts believe there could be a way to minimize the risk of such an occurrence. Florida homeowners who bought houses in neighborhoods with a greater diversity of housing...
Can I discharge my tax debt in Chapter 13 bankruptcy?
Tax season can be a time of incredible stress if you do not have the funds to cover what you owe the government. As these bills grow, accumulating interest, you may find yourself at the bottom of an impossibly deep hole. Chapter 13 bankruptcy can usually help...
3 ways you can ruin your bankruptcy case
If you are considering filing for bankruptcy, you are not alone. It is more common than you think and has actually significantly increased among retirees, shares U.S. News and World Report. Whether or not you have made the decision to file, it is smart to know...
Consumers spend billions for credit card debt, interest
American consumers seem to be confident in their spending habits, but is the upwards trend sustainable? According to some experts, probably not. Consumers in Florida and across the rest of the United States are currently shelling out over $100 billion not in general...
Man could face home foreclosure for wife’s nursing home bills
Most people would do virtually whatever it takes to provide necessary end-of-life care for their loved ones. Unfortunately, for some in Florida, doing so can put them at risk for home foreclosure. An out-of-state man is currently in this exact situation and may soon...
Is student loan debt relief impossible?
According to experts, the outlook is not pretty for student loan borrowers. While a college education is virtually necessary to secure a good job in Florida, the cost of that education may feel like it is rising out of control. With predictions of defaults on the...
New credit score could lead to more credit card debt
Credit scores govern many aspects of daily life in Florida. From who is eligible for an auto loan to what kind of apartment a person is approved for, the credit score is an important financial tool that is not always easy to improve or maintain. Because of this, some...
Don’t give up social media — use a debt repayment plan
Debt can weigh heavily on the mind of the typical Florida resident, with worrying thoughts intruding on otherwise peaceful activities. Although most people try their best to pay off their debts, the task often feels insurmountable. With growing balances and shrinking...
Chapter 13 bankruptcy: Debt common across generational lines
According to a recent survey, debt is almost as American as apple pie. Nearly three quarters of Americans have at least one kind of debt, which can create an enormous burden on the individual. While some people might think that certain individuals or generations might...