Category Archives: Debt Relief
Proposed bill would protect federal benefits
In our last post, we discussed the unfortunate fact that a portion of your federal benefits can be garnished in an effort to repay student loan debt. This can have a devastating impact on anyone who collects and depends on Social Security benefits and has fallen behind on or cannot make student loan payments…. Read More »
Federal benefits can be taken to repay federal student loans
Going to college is something that people all across the U.S. strive to do. Unfortunately, getting an advanced degree is not a guarantee that you will be gainfully employed during the years it takes to repay loans. People can ultimately spend years or decades paying down the loans they took out for college; during this… 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 »
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 »
3 ways creditors violate your rights as a consumer
We have often discussed the significant emotional toll debt can take on people all across Fort Lauderdale. It can undoubtedly be scary and stressful, putting enormous pressure on people and their relationships. To make matter worse, there are debt collectors who will sink to some very aggressive and potentially unlawful measures to try and… Read More »
Does student debt mean you are stuck in debt crisis?
Reports about the debilitating reality of student can be disheartening for the many men and women who have taken out loans to pay their ways through college. A recent CBS News report declares that the average student debt that people carry not only is a current, day-to-day stress, but it could even force workers… Read More »
My wages are being garnished: Is there anything I can do?
For millions of people across the U.S., the idea of being debt-free and financially stable is far closer to being a pipe dream than a reality. Since the recession, people all across the country have been struggling to rebuild or retain their economic standing after dealing with credit card debts, threats of foreclosure and… Read More »
FTC holding debt collectors accountable for illegal practices
Debt collection companies are prohibited from using abusive tactics to collect debt. Despite consumer protection laws, many debt collection companies still use illegal practices when contacting debtors. The Federal Trade Commission is cracking down on debt collectors. A recent case shows just how serious the U.S. government is taking illegal debt collection practices. The… Read More »
5 ways to help keep college debt down
There are a lot of expenses a person can face during their college years, including high tuition costs. Thus, it is not uncommon for a student to come out of college with a sizable amount of debt, such as a large student debt load. Having too high of debt coming out of college can… Read More »
How can you create a budget?
Many people in Florida have more debt than they would like. Of course, the ideal situation is to have no debt at all, but it is all too easy to rack up expenses and find yourself relying on your next paycheck to cover them. However, if that paycheck falls short, your debts can soon… Read More »