Tag Archives: Florida
Bankruptcy and protecting your home: Part II
Even though bankruptcy may be the best option for countless Florida families struggling with debt, many avoid the idea all together – often because of the mistaken belief that they will lose everything they own, including their home. However, bankruptcy is not meant to be a punishment, but a new start. In fact, thanks… Read More »
Florida residents urged to save and cut back spending
What will you do with your tax return when it arrives? You may be tempted to spend it, but if you’re like at least three quarters of South Floridians (according to a poll by dealnews.com), you’ll be using your tax refund to pay down the balances from credit cards and other debt, or adding… Read More »
Slow Florida foreclosure process can delay home price increases
Florida remains the leader in the nation’s foreclosures, and is also the state where home repossession takes the longest, lingering the court system for an average of 31 months. Some consumer advocates say this lengthy process is meant to benefit homeowners who are struggling with financial challenges. This could give them time to put… Read More »
Florida’s foreclosure rate remains highest in the country
With foreclosures jumping 20 percent in November from this time last year, and 3 percent in October, Florida is the nation’s leading state for foreclosures and foreclosure-related activity. The California data firm RealtyTrac states that the real estate recovery over the next year will probably be slow, as homeowners seeking debt relief are forced… Read More »