Category Archives: Personal Bankruptcy
Florida undermines personal bankruptcy protections
Filing for bankruptcy gives people the opportunity to dispel large amounts of personal debt. The process also ensures that filers are not pursued for those debt liabilities once the bankruptcy is complete. Therefore, creditors that continue to go after borrowers for debts already discharged in bankruptcy can be accused of breaking Florida bankruptcy law… Read More »
Why filing for bankruptcy in FL is so important to one man
Legal troubles can quickly result in financial difficulties, as individuals are often forced to commit a great deal of their financial resources to defending themselves in court over an extended period of time. It’s for that reason that the opportunity to file for Chapter 13 or Chapter 7 bankruptcy in the state of Florida… Read More »
Debt relief scheme forces families into foreclosure
Personal debt and serious financial challenges can be extremely difficult to manage on a practical and emotional level. For the thousands of people across the state of Florida and the entire country confronted with issues such as harassment from collection agencies, the need to eliminate debt quickly becomes desperate in many cases. Unfortunately, the… Read More »
Late-stage mortgages resulting in major financial challenges
In order to understand the nature and full implications of the financial challenges faced by millions of Americans throughout the state of Florida and beyond, it’s important to look at the economic trends and factors of the past and present. For older Americans currently facing foreclosure and/or personal bankruptcy, the findings of several recent… 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 »
Navigating debt relief options
Accumulating large amounts of personal debt often happens out of necessity as people are forced to take out loans and lines of credit to make large purchases and manage everyday expenses. At a certain point, however, the situation can become unmanageable and individuals may be forced to consider making significant lifestyle changes to address… Read More »
County issues foreclosures to recuperate unpaid bills
It is well-known that countless homeowners in places like Broward County, Florida, are struggling to stay afloat financially as they contend with issues like illness, job loss, and mounting personal debt. That’s why it’s important that anyone facing foreclosure or bankruptcy understand their legal options in the event that actions are taken against them…. Read More »
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 »