Author Archives: Site Administrator
The truth about filing for bankruptcy
For many people living in Broward County, Florida, filing for bankruptcy implies negligence or failure to manage one’s personal finances correctly. Those that have faced serious financial challenges in recent years understand, however, that there are instances where Chapter 13 and Chapter 7 bankruptcy are the most effective and responsible options available to individuals… Read More »
Putting consumer debt into perspective
Because different areas of the country are affected by regional and national economic conditions in unique ways, it’s important to analyze issues like bankruptcy and foreclosure rates on a smaller scale before making generalizations about state of the national economy. And when it comes to credit cards and personal debt owed by individuals, determining… Read More »
Credit card debt may be source of depression for older adults
Most people have found themselves complaining about money issues from time to time, but serious financial problems can actually lead to significant physical and mental health issues for many people throughout the state of Florida and beyond. Taking into consideration research findings from a major study, one expert now suggests that the psychological well-being… Read More »
Bankruptcy to stop foreclosure
For the millions of people across the country facing serious financial challenges, the prospect of losing one’s home can be very real and troubling. The only thing many Florida families know about foreclosure is the information their lender provides them with once the process begins, and individuals often feel as though they have few… Read More »
Tackling financial challenges and debt collectors
Once Florida families begin to fall behind on their bills, the situation can escalate quickly and result in serious financial challenges. And while such difficulties sometimes result in personal bankruptcy, it’s more common that families face embarrassing and stressful harassment from collection agencies until they are able to repay their debts. Here are a… Read More »
Supreme Court to rule on inherited retirement savings
Florida state and federal guidelines regarding bankruptcy filing do change from time to time and some policies are written in a way that allows for variations in interpretation and implementation. As a result, issues can arise over how bankruptcy law is understood and applied in some cases. Now that one individual bankruptcy case has… Read More »
Renting does not offer debt relief for many
Traditionally, young professionals were thought of as ideal candidates for apartment rentals, as renting can provide individuals with the opportunity to save money for a down payment on a house later on. The reality of the situation is, however, that people throughout the state of Florida and beyond have been forced to turn to… Read More »
When you must file Chapter 13 bankruptcy over Chapter 7
The economy has shown steady improvement since the last recession a few years ago, but that does not mean people in Broward County are not still struggling financially. An unexpected medical emergency, natural disaster or health issues can easily send someone into a financial whirlwind. In many cases, people try to stay afloat by… Read More »
Innovative approaches to debt relief
There is no denying that residents throughout the state of Florida are facing serious financial challenges. And while many struggle with unemployment and/or the prospect of bankruptcy, countless people in the state and across the country are losing their financial footing under the weight of mounting student loan debt. That is why one state… Read More »
Debt relief in the form of healthcare reform
No doubt, the passage of the Affordable Care Act (ACA) has garnered a great deal of approval and criticism from residents throughout Fort Lauderdale, Florida, and beyond. Families around the country are weighing their healthcare options and deciding on which plans best suit their specific medical needs and finances. And while politics tend to… Read More »