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Category Archives: General

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What Should Victims of Financial Crime Do to Cope With the Resulting Debts?

By Nowack & Olson, PLLC |

It is easy to feel like everyone is blaming you for being in debt.  Personal finance experts smugly tell you to earn more money and spend less, even though you already spend virtually every waking moment engaged in at least one income-generating activity; at this moment, a receptionist at an apartment building or hotel… Read More »

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Why Is It So Hard to Open a Bank Account?

By Nowack & Olson, PLLC |

The signs that life isn’t fair are everywhere, but never are they more obvious than when you go to a bank and ask to open a bank account.  You show the teller your photo I.D.  You bring pieces of mail showing that your bills have been getting mailed to the same address for at… Read More »

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Banks Are Still Charging Junk Fees in 2024

By Nowack & Olson, PLLC |

If you are looking for an engaging conversation topic at a social gathering, try complaining about how, unless you are rich, it costs too much money to access your own money.  Even the most taciturn and introverted people have stories about times that they had to pay to gain control of their own paychecks. … Read More »

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Can Debt Settlement Companies Really Get You Out Of Debt?

By Nowack & Olson, PLLC |

If you had a dime for every time you saw an advertisement by someone promising to get you out of debt, you would have become debt-free a long time ago and stayed that way.  It is easy enough to spot the ads that are outright scams, because they promise solutions that are too good… Read More »

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How Does Bankruptcy Affect Foreign Debt?

By Nowack & Olson, PLLC |

We have written before about how bankruptcy affects assets you hold overseas. Now we want to talk about a related issue—your foreign debt. South Florida is home to many foreign nationals and people who travel regularly. It is not unusual for many of these folks to come to our offices with foreign debts that… Read More »

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What steps can you take to help you keep your home?

By Nowack & Olson, PLLC |

No one wants to face serious financial problems, much less the very real possibility of losing a home. However, such crises are not uncommon among Florida homeowners, as you may already be aware, especially as a new year unfolds. Has your mortgage lender threatened to take over ownership of your house? Before you panic,… Read More »

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Foreclosure up ahead? How to find an alternate route

By Nowack & Olson, PLLC |

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 »

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Understanding unsecured debt and what it means for you

By Nowack & Olson, PLLC |

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 »

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Don’t close the door on these foreclosure warning signs

By Nowack & Olson, PLLC |

If you live in Florida year round, you’ve likely noticed that the state’s economy has navigated the same ebbs and flows as that in most other states. In recent years, economic crisis has thrown many households into downward spirals, leaving homeowners and their families grasping at straws and trying to keep their heads above… Read More »

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Home sweet home: You may be able to avoid foreclosure

By Nowack & Olson, PLLC |

Although no two Florida families are the same, many understand what it’s like to face challenging financial situations. You may have simply fallen a little behind in your mortgage payments due to the rising cost of living. Maybe you are facing an unexpected emergency that brought you undue financial hardship. Either circumstance can quickly… Read More »

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