Living with debt can be stressful. When a Miami resident is faced with the inability to pay off their liabilities to their creditors, they may feel isolated and unsure of what to do. There are options under the law that may benefit them, and bankruptcy is one of them....
Dealing with debt is stressful. During these unprecedented times, debt can quickly become overwhelming and cause residents in Florida and elsewhere to get lost in their debt. With incomes impacted and the cost of necessities increasing, one may be questioning how they...
When debts spiral out of control, many Florida residents consider filing for bankruptcy. Bankruptcy is one way they can seek protection from those debts but they must give up a portion of their property during bankruptcy proceedings. A bankruptcy trustee then sells...
One of the main reasons Florida residents might hesitate to file bankruptcy is because they are afraid of the effect it will have on their credit score. When someone has spent most of their adult life building up their credit score, it is scary thinking what will...
When a Florida resident files for bankruptcy, it is because he or she is waiting for one thing to happen—their debt to get discharged. That is the light at the end of the tunnel, the destination to which all roads are leading. So what exactly does discharge mean and...
Divorce and bankruptcy both offer much-needed fresh starts for most Florida residents. Though the decision to file for each one is a difficult one, once people decide they want to go down either route, they often want the process to end quickly so they can move on....
Having to pay bills while one is struggling to make ends meet is difficult enough but it can become overbearing if debt collectors routinely call someone to remind them of their debt. Unfortunately, these calls can come at all times of the day and are often even made...
Florida residents may not be aware that credit card interest is based on one’s account’s average daily balance. That means every day a payment is not made is a day that more interest is added. Therefore, people should not wait until their due date to make their...
Bankruptcy is often the option of last resort. When people become overwhelmed by debt to the point they are drowning in financial obligations; sometimes bankruptcy may be the only viable solution.There are some common myths associated with filing for bankruptcy. Many...
If you plan to own a home in the future, the idea of going through a Chapter 7 bankruptcy now may seem absurd. Even though you're in debt, you don't want to totally ruin your credit score.Don't let the fear of being unable to get a mortgage get in the way of the...
