Author Archives: Site Administrator
Avoiding foreclosure by working with lenders
Homeowners across Florida can find themselves at risk of losing their home in foreclosure if they are facing financial troubles. Keeping up with mortgage payments can fall by the wayside when a person is dealing with divorce, serious medical issues or the loss of a job. However, foreclosure is not inevitable. There are ways… Read More »
What will happen to my medical debt if I file bankruptcy?
If you are like many other people across Florida, you are carrying some amount of debt stemming from medical expenses. Health care can be enormously expensive and millions of Americans are struggling to pay for their medical needs. For some people, debt accumulates over time as a result of long-term illnesses or care; for… Read More »
Secured debt vs. unsecured debt: what you should know
When we talk about debt, it is often in a fairly general way. People are buried in “debt” or struggling to repay “debt.” However, debt is not just one thing. There are typically many sources of financial strain that are contributing to overall debt and in order to find some financial relief, it is… Read More »
What does acceleration mean for my mortgage payments?
Owning a home is something that people work very hard for. It takes a lot of time, energy and money to purchase a home, and the work doesn’t stop there. Once you own a home, it is up to you to maintain that home and take care of it. You will also be responsible… Read More »
What is an ‘undue hardship’?
Filing for Chapter 7 bankruptcy protection is a decision many people make when they are in critical need of debt relief. While it is an aggressive solution, it is one that can be quite effective. When a person files Chapter 7, they can have a significant amount of their debt discharged. However, not all… Read More »
Don’t let credit scammers spoil your holiday
During the holiday season, it can be easy to lose track of spending or throw budget restrictions aside in favor of a “can’t miss” deal or gift obligation. Even the most careful person can find it a challenge to keep records and spending under control. This is a situation people try to take advantage… Read More »
Tips for not letting the holidays drive you deeper into debt
Merrymaking and family traditions always characterize the holidays, but there’s another general characteristic that makes many Floridians very uneasy between Thanksgiving and New Year’s Day, and that is big spending. In fact, a recent poll found that, on average, people who are in a relationship with a significant other expect to spend $338 on… Read More »
What to expect if you are facing wage garnishment pt. 2
In our last post, we discussed what people can expect if their wages are garnished to pay off debts. In that post, we discussed the process and protections of wage garnishment as well as the fact that your employer will know about your money problems. We want to also note that it can often… Read More »
What to expect if you are facing wage garnishment
Being in debt is one of if not the most upsetting financial situations people across Florida may be facing. Bills go unpaid, penalties stack up, minimum payments are not making a dent in the overall balances and you could be faced with the possibility of losing your home. Unfortunately, many people in this situation… Read More »
Lawsuit: Collection agency failed to verify debt
In our last blog post, we discussed some common ways debt collection agencies violate a consumer’s rights in their pursuit of payments. They may threaten a person, lie about the debt owed or contact a person at times they know to be inconvenient. However, there are many other ways that collection agents cross the… Read More »