Debt can be problematic at any point in life, but it might be especially troublesome during periods of change. Divorce is just one example of this. Women in Florida might be particularly at risk for developing problems with debt after divorce. The factors that...
Law Office of Paul L. Urich, P.A.
Do millennials need debt relief more than their parents?
The average person in Florida might be hard-pressed to find a news article that shines a positive light on the millennial generation. Frequently maligned for supposedly taking down the napkin and chain restaurant industries, articles often shine a light on the...
Should I let my investment property go into foreclosure?
Maintaining an investment property in Florida can be an effective way to create an additional source of income. However, you may not have been able to predict changes in the market and growing costs to maintain your second or even third property. Despite doing your...
Chapter 7 bankruptcy can address medical debt
Getting sick can be a stressful experience. From dealing with doctors, potential hospitalizations and medications, most patients in Florida just want to get through the treatment phase and focus on their recovery. Unfortunately, that process comes at a cost, and many...
Should you cosign someone else’s loan?
Cosigning a loan may not seem like a big deal. You are just using your good credit to help a friend or family member, so he or she can qualify for a loan. Maybe the loan is for a car, house or to pay for school. While it is true, you are using your credit to help this...
What role does a judge play in Chapter 7 bankruptcy?
When a person in Florida realizes that he or she can no longer make ends meet, it might be time to consider options under bankruptcy. Seeking debt relief through Chapter 13 or Chapter 7 bankruptcy can be effective, but many people are still unsure of how the process...
Florida residents took on significant credit card debt in 2018
Staying out of debt might seem easy in theory, but it is often difficult in practice. There often seems to be no end to unexpected bills or expenses, from medical bills to car repairs and much, much more. As credit card debt grows, Florida consumers might find that...
Interest makes it difficult to overcome credit card debt
Credit cards have a lot of benefits. They can help consumers manage large purchases or bridge the gap between paychecks. Many cards offer even offer rewards, such as redeemable award points, cash back or airline points. The news is not all good, though, as interest...
Grand jury indicts 11 in home foreclosure scheme
Buying a home is a mark of adulthood and accomplishment in Florida. People often spend years establishing their careers, getting financially secure and saving up money before making the move to homeownership. When these homeowners fall on hard times and are faced with...
Consumers think they handle credit card debt well, but do they?
Balancing debt in today's social climate can be an overwhelming task. Despite this, the majority of consumers in Florida and across the rest of the United States feel like they manage their personal finances better than the government handles its budget. While this...