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Category Archives: General

The high price of a payday loan

By Nowack & Olson, PLLC |

After a difficult week, you may find yourself short of cash a day or two before payday. Maybe this has happened before, and you have solved the problem by driving to a nearby storefront for a payday loan. Only this time, you haven’t paid back the loan from the previous week, and now you… Read More »

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What should you do when creditor harassment crosses the line?

By Nowack & Olson, PLLC |

With unpaid debts come phone calls, letters and other types of collection efforts by collection agents and creditors. This is a normal thing to experience if you have a significant amount of debt, but there are times when these efforts cross the line. Fortunately, you do not have to suffer through these things alone… Read More »

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Is threat of foreclosure seeping into your divorce proceedings?

By Nowack & Olson, PLLC |

The challenges Florida spouses face in divorce are typically many. No two marital situations are exactly the same that lead couples to ultimately determine divorce as the most viable option for resolving their particular issues. The divorce process is seldom easy, and it’s often necessary to compromise and cooperate in order to negotiate fair… Read More »

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Don’t dismiss the importance of a Chapter 13 discharge

By Nowack & Olson, PLLC |

Like other Florida residents, you might dismiss the value of filing for bankruptcy because you own property that would more than likely end up sold at auction to pay your creditors in a Chapter 7. However, another chapter of bankruptcy, Chapter 13, could allow you to keep your property and deal with your financial… Read More »

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Is your mortgage lender threatening foreclosure?

By Nowack & Olson, PLLC |

Is your mortgage lender threatening to take your home? If so, you are not alone. Florida actually has one of the highest foreclosure rates in the country, and it has been this way for some time now. If foreclosure is on your horizon, it is normal to feel that you have few, if any,… Read More »

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What comes first, divorce or bankruptcy?

By Nowack & Olson, PLLC |

One of the main reasons that Florida couples file for divorce is money problems. Divorce is not a fix-all for financial struggles, but can actually bring a host of money-related problems. For this reason, a person considering divorce may also consider the benefits of seeking bankruptcy protection. If you are already struggling with finances,… Read More »

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What Can I Do To Stop The Foreclosure Of My Home?

By Nowack & Olson, PLLC |

If you have received notice from your lender that it intends to foreclose on your property, there have probably been notifications and conversations about late payments that have led up to it. However, there is nothing that is quite as unnerving as the finality of a lender’s decision to attempt to take your home…. Read More »

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Bankruptcy and protecting your home: Part I

By Nowack & Olson, PLLC |

Unfortunately, there are many people who, to no fault of their own, fall behind on home payments and ultimately face foreclosure. Whether you are having a hard time paying your mortgage due to a medical emergency, unexpected job loss or any other reason, it is important to remember that you may have many options… Read More »

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When to consider a short sale

By Nowack & Olson, PLLC |

No one ever plans to find themselves in over their head with debt and behind on mortgage payments. But for thousands of people all over this country, this is an everyday reality that requires proactive – and sometimes legal – steps to get out of. A lot of people in this kind of situation… Read More »

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That call you received from a collection agency may be a scam

By Nowack & Olson, PLLC |

A phone that continually rings is the last thing you want to hear if you have delinquent debts. A bad situation becomes worse when you discover that collection actions are actually an elaborate confidence game. Many collection agencies already engage in aggressive tactics, including some that violate the Fair Debt Collection Practices Act. However,… Read More »

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