Monthly Archives: October 2017
What you should know about bankruptcy
Florida consumers often consider filing for bankruptcy If they have been struggling with a lot of debt. While this option isn’t right for everyone, many people find that it is the most efficient way to deal with problematic debt and to seek a fresh financial start. Before filing for bankruptcy, there are a few… Read More »
How to deal with unpaid medical debts
Florida residents may feel anxiety or stress after hearing from a debt collector about an unpaid medical bill. In some cases, those who couldn’t afford to pay their bill originally may not be in a position to pay it after getting that call. Those who are facing a lawsuit over an unpaid medical debt… Read More »
Understanding unsecured debt and what it means for you
Many Florida residents deal with debt and financial problems. However, many do not know that there are legal options available that will let them deal with their debt. Bankruptcy allows many consumers to discharge their debt and pursue a stronger financial future. Your options depend largely upon the nature of your individual financial situation…. Read More »
Over half of all Americans keep credit card debt for years
According to a study conducted by Creditcards.com, most adults in Florida and around the country carry credit card debt for two years or more. The study looked at the credit card debt of more than 2,000 U.S. adults and found that half the people with debt had been carrying a balance for at least… Read More »
Equifax changes policy on bankruptcy reporting
Florida residents may be aware that a Chapter 13 bankruptcy normally stays on a credit report for seven years. However, the credit reporting agency Equifax kept Chapter 13 filings on credit reports for 10 years if a person failed to complete the bankruptcy plan. After ProPublica asked Equifax why it reported such information differently… Read More »
Once again, Americans are being saddled with credit card debt
In the wake of the 2008 crash of Wall Street and the American banking system, many consumers across Florida lost their jobs, their home equity and their ability to pay their credit card bills. For many Americans, the Great Recession left them with piles of unsecured debt and the grim prospect of facing repossessions,… Read More »