Filing bankruptcy represents a fresh start, wiping out or reorganizing long-overdue debts. High-interest credit card balances are the most common and burdensome for those struggling to make ends meet.
Bankruptcy can happen to anyone. Regardless of your age or financial standing, a sudden injury or illness can quickly deplete hard-earned resources.
If you've been struggling to pay your bills like many Floridians, especially if you feel your situation has been growing worse for months, you may fit into a classification that economists call the "working poor." This wage bracket includes low-income families with one or more people in the household who work, but as a whole the family still doesn't make a living wage. According to U.S. Census data, Florida is one of the states with a percentage increase of five points or more of families who are considered to be part of the working poor.
A Florida federal district court has found a "credit repair" operation in contempt after it continued to operate in spite of a court order that required it to stop promoting its "bogus credit repair products and services"