Bankruptcy

Personal bankruptcy is often the last line of protection for those struggling with major financial challenges. Whether a professional lost their job unexpectedly or someone had massive unanticipated medical costs, their debts may exceed their ability to pay. Creditors...

Many people tend to think of filing for bankruptcy as a personal failing. In fact, this is why some people refuse to do it. Bankruptcy could clearly help them, but they think it’s a sign that they have made financial mistakes and/or they feel bad using bankruptcy to...

Chapter 7 and Chapter 13 bankruptcy are a few methods to help resolve debt obligations. Filing for bankruptcy can mean major life changes, which is why many people are hesitant to file.  It can help to ask the following questions as you consider whether it’s time to...

A Chapter 7 or Chapter 13 bankruptcy filing allows consumers to start fresh with a better understanding of financial matters. Unfortunately, bankruptcy carries an undeserved stigma that deters some from considering it an acceptable debt relief option. Try to look at...

Medical debt could bring both unexpected and enormous expenses. An uninsured or underinsured person may face immediate medical bills, rehabilitation costs, and more to treat a condition. Mounting debt and subsequent adverse credit reporting could cause significant...

Failing to make mortgage payments on your Florida home could result at the very least in collection calls or letters. It could also result in late fees or other financial penalties that can make it even harder to stay current on your loan. Depending on the terms of...

Florida residents who file for bankruptcy to escape unmanageable financial situations are required to attend credit counseling sessions before they file their Chapter 7 or Chapter 13 petitions. They are also required to complete a debtor education course after their...

It's true that sometimes taking loans can be a lifesaver if you are in the pits, but it could also be a life-drainer if you can't unable to escape its clutches. Suppose you find yourself overwhelmed with multiple debts in Florida. Debt consolidation may be an option....