One of the types of debt that consumers sometimes hold is mortgage debt. Recently, an article on Bloomberg's website reported on some mortgage-related statistics. The statistics came from multiple sources and they regard mortgage debt and underwater mortgages in the...
When Florida residents have accumulated unmanageable debt, one option is to seek bankruptcy protection. By filing for bankruptcy, lenders and debt collectors will be subject to the bankruptcy rules regarding the debt owed. This means that if someone filed for Chapter...
Recently, the Jacksonville Business Journal reported on some interesting debt-related statistics. The statistics are from Credit Karma, a consumer credit management company. The statistics regard average consumer credit card balances and average credit scores in...
As we have mentioned before on this blog, in recent years, Florida has tried many different ways to address the issue of foreclosure.It has been reported that one
Foreclosures can have significant impacts on homeowners. Recently, the Ledger reported on some interesting foreclosure-related statistics. The statistics are from RealtyTrac and they regard foreclosure activity in Florida and the United States as a whole in November...
Last month, we discussed how consumer credit in the United States went up in September. Some recent debt-related statistics indicate that this trend of rising consumer credit continued in October. The statistics were reported on by an article on Reuters' website and...
Sometimes, individuals will look to the protection of bankruptcy when they are experiencing financial struggles. This can be seen in a bankruptcy case that has recently arisen in Iowa.The case involves a man who is the founder of a major real estate development...
One of the types of debt consumers sometimes hold is credit card debt. Recently, an article on CNNMoney's website reported on some interesting statistics regarding credit card use in the United States. The statistics indicate that credit card use is going up in the...
In terms of bankruptcy reform, there were a few major additions and overhauls to the federal law that rules and regulates the bankruptcy process. One of those major overhauls was legislation that was passed only half a decade ago. The 2005 Bankruptcy Abuse Prevention...
One of the mortgage
