Author Archives: Site Administrator
Fewer underwater mortgages may help some stop foreclosure
As Florida homeowners know all too well, many families are currently facing foreclosure and other financial challenges as a result of the sudden drop in home prices that occurred in recent years. Home purchases that once seemed like sound investments quickly turned into financial liabilities as thousands of homeowners found themselves owing more on… Read More »
Struggling economy hits high-end housing market
While cities all around the country have been seriously impacted the housing bubble burst and economic crisis in recent years, places like Miami and Fort Lauderdale, Florida, were hit especially hard. Now, new evidence suggests that the latest demographic facing foreclosure in large numbers may be among the wealthiest in the nation. And apparently… Read More »
Even as student debts mount, graduates can’t seek bankruptcy
Many students entering college in Florida and other states around the country do so with the understanding that they will fund their education with loans. After all, the general consensus is that the investment is worth it since a college degree is necessary to improve one’s employment prospects in the future. As a result,… Read More »
Two approaches to eliminating credit card debt
Just as teachers often use different techniques to explain concepts to students, financial advisors can typically recommend different ways for clients to eliminate debt. Countless people in Florida and beyond carry consumer debts like credit cards, but do not know the best way to pay off their loans. Fortunately, there are a couple different… Read More »
There may be help to stop foreclosure after all
These days, many would argue that consumer confidence is at an all-time low as the national economy continues to struggle and millions of people deal with issues like serious personal debt and bankruptcy. In too many instances, homeowners and other consumers may be led to believe that issues concerning their foreclosure or Chapter 7… Read More »
Amidst financial challenges, Millennials look to each other
The economic crisis of recent years has had profound consequences on places like Broward County, Florida, and others around the country. And just as neighborhoods, cities and whole states have been affected by the recession and housing bubble burst, an entire generation of Americans may have been groomed by the experience. New research suggests… Read More »
Credit card debt can affect employability
The employment market is fiercer than ever in places like South Florida. A very large number of people often vie the same position, even in instances where they may actually be overqualified. Under such conditions, it’s little wonder that resumes are scrutinized so intensely by employers. However, there is evidence that factors like a… Read More »
Foreclosure may not mean automatic eviction
Countless families living in Fort Lauderdale, Florida, and other cities across the country have been deeply affected by the economic crisis and housing bubble of recent years. Many continue to struggle with serious financial challenges, and thousands of people everywhere are currently facing foreclosure and bankruptcy. And while measures like foreclosure can have a… Read More »
Housing assistance can be impacted by Chapter 7
Millions of people living in Florida and other states around the country rely on some form of housing assistance. Affordable housing options are needed more than ever, as countless families find themselves with limited financial resources and higher living costs. And while low-income housing is a hot commodity, there are rising concerns by many… Read More »
Fast food industry may be hurting already struggling economy
As South Florida and other areas of the country continue to struggle and recuperate from the recent financial crisis, countless people face the prospect of unemployment or being forced out of retirement. The fast food industry employs millions of Americans each year, and reflects shifts in employment conditions as more adults and breadwinners are… Read More »