Author Archives: Site Administrator
Addressing debt problems with an investment property
There are many different routes individuals can go when it comes to investing. One investing route that some people go is to buy a piece of property as an investment. Unfortunately, things sometimes don’t go the way a person hopes they will with an investment property. For example, if an investment property’s market value… Read More »
Wage garnishment less common in Florida than in rest of U.S.
When a person falls behind on paying money they owe, there are many things that could potentially change for them. One is how much of their regular wages actually end up making it to them. This is due to one of the debt collection methods creditors are sometimes allowed to use against debtors: wage… Read More »
Should seniors be more open to filing for bankruptcy?
We tend to think that financial difficulties are somehow more of an issue for younger people, but this is far from the reality. Indeed, older people, even those who have worked hard to accumulate substantial assets over the years, regularly encounter financial difficulties thanks to everything from health problems and divorce to unemployment and… Read More »
Two banks to update their credit reporting
A debt discharge is one of the things a person can receive in a bankruptcy, like a Chapter 7 bankruptcy. Having a debt discharged through a bankruptcy can have several general benefits for a debtor. One is that such a discharge generally removes the person’s legal obligation to pay the debt. Another is that… Read More »
Mortgage delinquencies dropping in the U.S.
Many individuals here in Florida have a fair amount of mortgage debt. When a person with high mortgage debt encounters an unexpected financial difficulty, it could put them at risk of coming off the rails when it comes to staying current with their mortgage payments. When a person falls behind on their mortgage payments,… Read More »
Getting past credit card debt difficulties
When a person falls behind on their credit card payments, they may feel like this debt struggle is impossible to get out of and that it will haunt them forever. It is true that credit card debt struggles can expose a person to a variety of hardships and have the potential (particularly if not… Read More »
Longer auto loans becoming more common
Many things can vary when it comes to the terms of an auto loan. One is the length of the loan. Some auto loans are relatively short, while others stretch on for longer. Lately, longer auto loans have been becoming more common. It is estimated that, currently, almost a third of all new auto… Read More »
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. One thing college… Read More »
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… Read More »
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. The report… Read More »