When consumers realize that they have more debt than they can handle, their first thoughts might not turn to bankruptcy. Indeed, there are other debt relief options that some people in Florida might want to utilize first. However, if they are not effective at reducing...
Chapter 7 Bankruptcy
Stop repossessions, achieve debt relief with bankruptcy
Being faced with losing your car or other important asset because you cannot pay your bills is an understandably troubling situation. While repossession is a common tactic that Florida creditors resort to when faced with nonpayment, you have the power to stop these...
Small medical debts can be relieved through Chapter 7 bankruptcy
Sudden financial disasters certainly contribute to some people's money issues, but this is not always the case. Many Florida residents struggle with the slow accumulation of small bills that eventually snowballs into something much larger and more difficult to handle....
Aging Americans in desperate need of debt relief
Older Americans are currently filing for bankruptcy at astonishing rates. This generation's need for debt relief can be boiled down to a several contributing factors, including higher retirement and health care costs. However, waiting to file for bankruptcy is usually...
Low-income patients in desperate need of debt relief
Seeking medical care treatment can be frightening not just because of the potential for further illness or injury, but because of the high cost of care. Federal law requires nonprofit hospitals in Florida to provide indigent care, which provides reduced or even free...
Millennials may be in need of medical debt relief
There is no getting around it -- the cost of health care is astronomical. Medical costs are completely out of reach for the average Florida resident, and not just for catastrophic events. Generic costs associated with seeking care for minor illnesses and injuries is...
New rules will affect how student loan borrowers seek debt relief
Most borrowers know that they cannot discharge their student loans during bankruptcy. While this is generally true, relief through a federal program is an option for some people in Florida. Unfortunately, the guidelines for this program are currently under review, and...
Chapter 7 bankruptcy could provide the much-needed relief
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...
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...
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...