Bankruptcy

A Florida bankruptcy filing may not be as bad for employment prospects as originally thought. New research shows that bankruptcy in one's credit history may not materially impact their chances of being able to find a job or even keeping the one that they already have....

In Florida and across the country, a growing number of Americans over 55 are filing for bankruptcy, while the rate is increasing even more quickly for those 65 and older. Since 1991, the number of people in this demographic seeking a fresh financial start has gone up...

Some Florida consumers are struggling with overwhelming debt that is difficult to repay, especially in the months following the holiday season. According to the Federal Reserve, credit card debt rose by the largest sum in a single month in over 20 years in December...

Florida residents and others who owe money to creditors could be contacted by a debt collection agency. A debt collection agency must generally follow Fair Debt Collection Practices Act (FDCPA) guidelines when interacting with a debtor. Under FDCPA rules, a debtor...

If you are a Florida professional or business owner who is experiencing cash flow problems, you could consider filing for bankruptcy, especially if you are having challenges making ends meet. You may worry about the possible stigma as well as your family’s future, but...

There is little question that a Florida bankruptcy will have an impact on one's credit history and score. However, the good news is that bankruptcy is not the end of the line for credit. It can be rebuilt after bankruptcy when one has a conscious strategy to do so....

While living with some form of debt is normal in today's society, life can get difficult when one's debt grows and consumes most or all available funds. Consumer debt is a major issue. However, it is not the only major source of debt plaguing individuals and families...

With holiday shopping in full swing, many are more self-aware of their spending and current debts. Credit card debt can create many burdens, but this is not the only type of debt that can weigh a person down for a long duration. More significant debt, such as a...

While California tops the list for the highest number of bankruptcies in a state, the state of Florida comes in second. On average, around 94,000 individuals in Florida file for bankruptcy each year. This is a large number of people dealing with financial troubles....