Author Archives: Site Administrator
What is Chapter 13?
Getting into debt is a horrible experience. It can be extremely overwhelming and at times you may feel like your situation is hopeless. It is often hard to look positively toward the future and see a way out of your struggles. However, this is something that countless families in Florida go through and there… Read More »
Foreclosure is not a certainty
As many people in Florida know, getting into debt can be a serious issue. To make things worse, climbing back out of debt is often difficult as interest rates can cause the problem to increase at an alarming rate. Before you know it, you could be faced with court dates and the potential of… Read More »
Florida family fight to save home from foreclosure
No matter how careful you are with your finances, how diligently you save or how thoroughly you plan for the future, life can still catch you off guard. It is all too easy for an unexpected event such as a serious illness, bereavement or accident to incur significant costs and leave you buried in… Read More »
Debt is not the end
Throughout Florida, countless families struggle with growing debts. The cost of living can be high and it is not always easy to earn enough to cover even your most basic living expenses. Throw in a few unexpected events, such as bereavements or illnesses and you can quickly find yourself becoming overwhelmed. At first you… Read More »
Is student loan debt going to cause the next financial crisis?
Are you one of the 40 million Americans with student loan debt? If so, you probably understand how pressing the issue is. You might have noticed that those without student loan debt don’t seem to get it. However, some financial experts say that it’s only a matter of time before the problem starts affecting… Read More »
The many potential impacts of credit card debt problems
Struggling with credit card debt can be a very big deal for a Floridian. There are a wide range of different ways that credit card debt struggles can negatively affect a person. Today’s post will go over some of these ways. Some examples of things that can be negatively impacted in some pretty deep… Read More »
Supreme Court bans second-mortgage lien stripping in Chapter 7
There are a variety of different ways that a Chapter 7 bankruptcy could potentially help an individual who is struggling with debt problems. However, there are limits to what a Chapter 7 bankruptcy can do. A recent decision by the U.S. Supreme Court set such a limit. This limit is that, when a debtor… Read More »
Having student debt becoming more and more common among seniors
Many years ago, it was fairly uncommon for a person to have much in the way of student debt in their elderly years. It is estimated that, in 1989, $400 was the average amount of education debt for retirees in the 65 to 74 age group and such debt made up less than 1… Read More »
Watch for the warning signs of credit card debt struggles
When it comes to emerging debt problems, addressing them sooner rather than later can be very important. Emerging problems with credit card debt are no exception to this. When a person spots and takes steps to address credit card debt struggles early in the development of these struggles, they might have a wider range of… Read More »
High debt can make saving for retirement difficult
Having high debt can have the potential to have a variety of negative effects on a person. One such possible negative effect is that it can make it more difficult for a person to save for their future retirement. High debt may be one of the things behind the difficulties workers here in South… Read More »