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April 2015 Archives

Money matter tips for those graduating from college

College graduation season is right around the corner. Thus, it will not be long until many college seniors here in Florida will be leaving college and entering the real world. This transition can be an exciting time for a young adult. However, it can also have its scary and intimidating aspects.

Many foreclosure victims not likely to own homes again soon

Facing a foreclosure not only can lead to a person having their home taken from them, it can also have some other serious long-term financial impacts for a person. For example, having gone through a foreclosure (or a similar finance-related loss of a home) sometimes keeps a person from being able to be a homeowner again for a fairly significant amount of time. This can be seen in some estimates that were recently made in a report by the National Association of Realtors.

Are medical debt struggles particularly prevalent in Florida?

One would hope that, after dealing with a major health problem, a Floridian wouldn't also have to deal with medical debt struggles. Unfortunately, a recent report indicates that struggles with medical debt may be particularly common here in Florida, along with Texas, as compared to other large states here in the U.S.

What things can disqualify a person from Chapter 7 bankruptcy?

There are some bankruptcy and debt relief options a given person who is facing difficulties with debt might not have access to. This is because some options have strict eligibility requirements attached to them. An example of this can be seen in Chapter 7 bankruptcy. There are several different things that could make a debtor ineligible for receiving Chapter 7 bankruptcy protection.

Bill would change how some student debt is treated in bankruptcy

Bankruptcy can have many benefits for individuals who are deep in debt. One is that a person may be able to get quite a bit of debt discharged in a bankruptcy. An important thing to note though is that there are some kinds of debt that are, generally, non-dischargeable in bankruptcy. One such kind of debt is student loan debt.

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  • "Maria please let Attorney Olson know how pleased I am with the results of my home loan modification with Bank of America. I am so grateful for all of their hard work, especially since my house was a gift from my parents, I prayed not to lose it to foreclosure....."

    Cassandra M.
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    Peter R.
  • "After a rather distasteful experience with a Foreclosure Attorney I was apprehensive to say the least to hire an Attorney to handle our Bankruptcy. After some internet searches and research I found Christian Olsen, and after our initial consultation my wife and I retained his services....."

    Bobby and Tanya
  • "I am a teacher who reaped the rewards of a profitable side business until shortly after the recession. I struggled to keep my business afloat until I finally threw in the towel. Between personal and business debt, I was suffocating in bills....."

    Richard C.
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