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October 2013 Archives

Housing assistance can be impacted by Chapter 7

Millions of people living in Florida and other states around the country rely on some form of housing assistance. Affordable housing options are needed more than ever, as countless families find themselves with limited financial resources and higher living costs. And while low-income housing is a hot commodity, there are rising concerns by many that some forms of housing programs may be subject to Chapter 7 bankruptcy.

Fast food industry may be hurting already struggling economy

As South Florida and other areas of the country continue to struggle and recuperate from the recent financial crisis, countless people face the prospect of unemployment or being forced out of retirement. The fast food industry employs millions of Americans each year, and reflects shifts in employment conditions as more adults and breadwinners are hired as fast food workers. Concerns are on the rise, however, that employment practices within the fast food industry are compromising the financial security of individuals and the nation as a whole.

Promising signs for a struggling economy

In places like Broward County, Florida, and elsewhere, many families would argue that they have yet to rebound financially from the recent economic crisis. In fact, countless people are still unemployed or reentering the workforce from retirement out of necessity. There are clues, however, that the U. S. economy may slowly be improving, offering hope that some degree of debt relief may be felt by more Americans in the near future.

Building your credit score after personal bankruptcy

Every year, many people in Fort Lauderdale find debt relief from personal bankruptcy. Filing for bankruptcy can help in a variety of situations; whether you are struggling with unemployment, have high medical bills, or you have overwhelming credit card debt, bankruptcy can give you the fresh start you are looking for. Despite this, many people are hesitant to file. They may be afraid of the negative stigma attached to bankruptcy or the poor credit score that comes with it. The important thing to remember is that you can rebuild your life after bankruptcy.

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