Escaping from a pile of debt can be extremely liberating. A chapter 7 discharge can release you from credit card debt, medical expenses and other loans you have struggled with for years. Despite the freedom you receive from erasing certain debts from your record,...
There are a wide range of factors that will ultimately affect your credit score. Such factors include but are not limited to the following: Your total outstanding debt The types of debt you have, such as student loans, car loans, home loans Your payment history and...
Acknowledging the need for help when your debts become out of control is essential to finding a resolution. While multiple solutions exist, one size does not fit all. Various options are out there to help consumers. Finding just the right one is paramount to getting...
If you have decided that filing a Chapter 7 bankruptcy improves your financial situation, you may need to navigate a series of legal forms and processes. The end goal for most filers involves an award of discharge, which releases you from certain financial...
The number of people filing for bankruptcy across Florida and the rest of the nation is on the rise, and there are a number of factors contributing to the uptick. Current bankruptcy filings for 2022 are still lower than last year’s numbers. However, there was a...
If you have a lot of debt, you are probably looking for any way to restore your financial solvency. Because many people stigmatize bankruptcy, debt burdened individuals may try anything to avoid it, such as going to a debt settlement agency. These organizations may...
Many people in Florida and throughout the U.S. struggle with overdue bills, medical expenses, credit card debt and other loan payments. Chapter 7 bankruptcy is an option for those who wish to start over with a clean financial slate. Otherwise known as liquidation...
Once your Florida finances start to spiral beyond your control, you may find it increasingly difficult to get things back on track. Depending on how long certain debts go unpaid, one or more of your creditors may try to file a judgment against you. If this party is...
If you feel overwhelmed with medical debt, credit card expenses or mortgage payments, you are not alone. More than 434,500 Americans filed for bankruptcy in 2021, with 310,597 of those being Chapter 7, according to United States Courts. Chapter 7 bankruptcy offers...
If you are between the ages of 40 and 55, there is a good chance you have acquired substantial debt. In fact, according to reporting from CNBC, the average Gen Xer currently owes roughly $186,000. Even if you have a good job and earn a decent wage, paying off your...
