Tag Archives: personal bankruptcy
Divorcing? Prepare to deal with debt
One of the main factors people cite when they are divorcing is money problems, whether it is the stress of not having enough or the fights over spending habits. These can be divisive issues that two people cannot resolve and they ultimately decide it is best to divorce. However, money doesn’t just play a… Read More »
Is bankruptcy right for me?
There is no easy way to answer the question posed in this headline. Every situation is different and every person has different financial needs and goals that must be considered prior to making any significant decision about debt. However, there are some situations in which bankruptcy is an option that should certainly be explored…. Read More »
Personal bankruptcy and credit card debt
Credit card debt is a major issue for countless people across the state of Florida and the entire country. And while filing for personal bankruptcy is one option that people often turn to for effective debt relief, it’s important that they understand if and how bankruptcy will address their credit card-related debts and difficulties…. Read More »
Personal bankruptcy case results in accusations of fraud
The vast majority of people that consider filing for bankruptcy in Florida take the decision very seriously and only file after they have exhausted other options. Unfortunately, however, there are instances where people attempt to take advantage of the debt relief system. Bankruptcy fraud is a major offense that can result in serious legal… Read More »
Older Florida residents burdened by student loans
Just as countless families across the state of Florida are well acquainted with the difficulties associated with incurring a substantial amount of student loan debt, economists and legislators alike are showing increasing concerns over the impact such debts are having on Americans of all ages. Recent findings suggest that one specific demographic of Americans… Read More »
Maintaining perspective during personal bankruptcy
Beyond the fact that most people are taught from a very young age that it is generally inappropriate to talk about one’s personal finances, Florida residents confronted by the possibility of filing for bankruptcy are sometimes embarrassed or ashamed by their financial difficulties. It’s important to recognize, however, that bankruptcy can be a long… Read More »
Lack of retirement savings compounds financial challenges
Major financial issues often originate from a series of minor difficulties that quickly escalate out of control. In fact, many Miami residents currently considering their debt relief options may concede that their debt became unmanageable before they had the opportunity to properly address it. Personal savings is often the first thing that people rely… Read More »
Late-stage mortgages resulting in major financial challenges
In order to understand the nature and full implications of the financial challenges faced by millions of Americans throughout the state of Florida and beyond, it’s important to look at the economic trends and factors of the past and present. For older Americans currently facing foreclosure and/or personal bankruptcy, the findings of several recent… Read More »
Tackling financial challenges and debt collectors
Once Florida families begin to fall behind on their bills, the situation can escalate quickly and result in serious financial challenges. And while such difficulties sometimes result in personal bankruptcy, it’s more common that families face embarrassing and stressful harassment from collection agencies until they are able to repay their debts. Here are a… Read More »
Renting does not offer debt relief for many
Traditionally, young professionals were thought of as ideal candidates for apartment rentals, as renting can provide individuals with the opportunity to save money for a down payment on a house later on. The reality of the situation is, however, that people throughout the state of Florida and beyond have been forced to turn to… Read More »