Over two-thirds of American adults have at least one credit card, and the average balance is perhaps less than ideal. Adults of all ages and income brackets struggle with the burden created by their credit card debt. However, some people in Florida might have an...
Law Office of Paul L. Urich, P.A.
How bankruptcy may affect your tax return
Bankruptcy is a complex process in itself. When you add the confusing element of filing taxes to the mix, it can seem a bit overwhelming. To ensure both processes go as smooth as possible, it is important to have specific knowledge. As such, there are a few key...
As credit card debt grows, personal savings shrink
Adults in Florida generally understand the importance of building up an emergency savings account. Unfortunately, this is often easier said than done. Many consumers currently have more in credit card debt than they do in their emergency savings. While this might seem...
Medical debt still driving factor in personal bankruptcy
Getting sick is one of those facts of life that most people in Florida will have to deal with. Unfortunately, so are medical bills. Despite efforts by lawmakers, medical bills are still an enormous burden to the average person and are a significant contributor to...
Personal loans increasingly used for debt consolidation
Paying off debt can be easier when bills are consolidated into a single, manageable monthly payment. Debt consolidation is nothing new, but it is certainly growing in popularity. Some people in Florida might even be using this method to avoid filing for bankruptcy,...
How to stop harassment by creditors without filing for bankruptcy
Bankruptcy can be an effective way to stop harassing creditors in their tracks. However, much of the behaviors and tactics that creditors use are not legal in the first place. For those in Florida who are interested in how to stop harassment by creditors but are not...
Is it possible to avoid home foreclosure?
Struggling to pay your monthly mortgage? While this can be an isolating experience, you are not alone. Other Florida homeowners have faced this exact situation, and many were able to come out on the other side without facing home foreclosure. However, avoiding...
Can debt relief help student loan borrowers buy a home?
For generations, buying a home has been a defining milestone of becoming an adult. Unfortunately, this goal is becoming harder and harder for some young adults to obtain, and it is not necessarily because of a rough housing market or overpriced homes. Debt -- student...
Chapter 13 bankruptcy can help with financial toxicity
Receiving a cancer diagnosis is a life-altering event that can impact the rest of a person's life. The long-term effects of surviving cancer -- including the emotional toll of facing such a devastating disease -- can be difficult. However, one of the biggest hurdles...
Debt relief: higher interest rates could lead to bankruptcy
America has a serious fixation on car culture that might be hard to deny. Owning a motor vehicle is often about more than just transportation, and people in Florida often feel as if their choice of ride says a lot about who they are. However, as auto loans account for...