Author Archives: Site Administrator
Foreclosure up ahead? How to find an alternate route
If you own a home in Florida, you’ve likely encountered ups and downs regarding your financial status (and ability to make payments). Although it’s not uncommon to face money problems once in a while, a particularly trying time may call for extra support. Do not panic if it appears you may be facing foreclosure…. Read More »
Don’t take my car
You need your car. It is not a want; you really do need it. You kill yourself already trying to get around town to school, work and the various other things in which you are currently active, so public transportation just is not going to cut it. Many people are struggling to keep up… Read More »
Post-bankruptcy credit cards
When Florida residents complete the bankruptcy process, many are eager to take advantage of their financial fresh start and reestablish creditworthiness. While it is true that credit scores take a significant hit after a bankruptcy, making it hard to get credit or qualify for a loan, it isn’t impossible to get a credit card…. Read More »
Debt reduction mistakes
Many Florida residents are living with increasing amounts of debt. In most cases, they genuinely want to meet their obligations. However, without guidance from a financial professional, people often make serious mistakes that either slow down their debt repayment or make matters worse. The first mistake that many people make is not making a… Read More »
What you should know about bankruptcy
Florida consumers often consider filing for bankruptcy If they have been struggling with a lot of debt. While this option isn’t right for everyone, many people find that it is the most efficient way to deal with problematic debt and to seek a fresh financial start. Before filing for bankruptcy, there are a few… Read More »
How to deal with unpaid medical debts
Florida residents may feel anxiety or stress after hearing from a debt collector about an unpaid medical bill. In some cases, those who couldn’t afford to pay their bill originally may not be in a position to pay it after getting that call. Those who are facing a lawsuit over an unpaid medical debt… Read More »
Understanding unsecured debt and what it means for you
Many Florida residents deal with debt and financial problems. However, many do not know that there are legal options available that will let them deal with their debt. Bankruptcy allows many consumers to discharge their debt and pursue a stronger financial future. Your options depend largely upon the nature of your individual financial situation…. Read More »
Over half of all Americans keep credit card debt for years
According to a study conducted by Creditcards.com, most adults in Florida and around the country carry credit card debt for two years or more. The study looked at the credit card debt of more than 2,000 U.S. adults and found that half the people with debt had been carrying a balance for at least… Read More »
Equifax changes policy on bankruptcy reporting
Florida residents may be aware that a Chapter 13 bankruptcy normally stays on a credit report for seven years. However, the credit reporting agency Equifax kept Chapter 13 filings on credit reports for 10 years if a person failed to complete the bankruptcy plan. After ProPublica asked Equifax why it reported such information differently… Read More »
Once again, Americans are being saddled with credit card debt
In the wake of the 2008 crash of Wall Street and the American banking system, many consumers across Florida lost their jobs, their home equity and their ability to pay their credit card bills. For many Americans, the Great Recession left them with piles of unsecured debt and the grim prospect of facing repossessions,… Read More »