Everyone knows that the past two years loaded on many challenges of a financial nature to individuals, families and businesses. Despite this, due to a multitude of reasons, bankruptcy filings did not accelerate in 2020. Now, though, ominous trends reveal a troubling...
When your debt begins to spiral out of control in Florida, it may happen for any number of different reasons. However, if you are like most Americans facing mounting piles of debt, it may be the result of unanticipated medical expenses. According to Fox Business,...
You juggle having marital and financial problems at the same time. Divorce and bankruptcy offer you a way out of your struggles, but you do not know which one to prioritize. Experian offers tips for balancing the legal aspects of divorce and bankruptcy. Learn how and...
Sometimes referred to as reorganization, Chapter 13 payment schedules may last between 36 and 60 months. If you can make on-time payments for a maximum of five years, the court may discharge the balance of your debts, as noted by Bankrate.com. When filing, petitioners...
Florida's statutes may allow certain property owners to keep their homes during bankruptcy. As noted by Bankrate.com, a homestead exemption may protect your primary residence from creditors. After submitting a bankruptcy petition, creditors holding your unsecured...
After claiming bankruptcy, you want to tackle repairing your credit sooner rather than later. While exploring your credit-building options, you learn about secured credit cards. Could they offer the help your financial health needs? NerdWallet offers an in-depth...
When you default on your loans, you may find yourself flooded with calls from creditors and lenders. Not being able to pay is one thing, but this added pressure stacks stress even higher. When facing this situation, it may help to understand the process of...
Bankruptcy may sound like a last resort, and the media often paints it as a sort of rock bottom. Both of these assumptions do not take your unique situation into account. As a tool, bankruptcy has the ability to reorganize your debts and start you towards a new,...
If you have a mortgage but are struggling to keep up with monthly payments, you may be in danger of foreclosure. After working so hard to be a homeowner, it may be devastating to think that you may lose it. Fortunately, there are options that may make it possible for...
Any number of factors may result in people with regular income to still struggle with their finances. In order to achieve a fresh start, they may consider options, including filing for Chapter 13 bankruptcy. While other options may require people to give up their...
