One of the biggest concerns you may have when you are facing a lot of debt in Florida is having your wages garnished. This can be devastating because the chances are good that you are having trouble paying your bills with the money you are making and if garnished, you...
Getting a credit card in Florida can make you feel secure like you have extra money if you need it. However, it is really easy to use the credit card for situations where you didn't need to spend money. Credit cards can lead you to live beyond your means. Eventually,...
With increasing debt loads hitting today's senior Florida residents, many older Floridians are turning more and more to bankruptcy court to resolve their financial problems. According to a recent article by Forbes, there are a number of reasons senior Americans...
It is very easy to get into debt in Florida. Anyone can overspend or over extend themselves. However, once your debt becomes problematic and you can no longer make your payments, some creditors may take drastic steps. You may be concerned about the security of your...
If you are like many Floridians, you have probably received an offer in the mail for a 0-interest credit card, and you may have found that offer appealing. Before you sign on the dotted line, however, keep in mind that credit card companies are there to make a buck,...
Looking back, one of the more shocking aspects of the not-so-distant subprime mortgage crisis was that billions of dollars in loans were ultimately thrown out by courts in collection actions owing to the fact that lenders simply couldn't provide the necessary...
Chances are good the last time you bought anything -- from that tank of gas on the way home yesterday to that cup of coffee on your way into work this morning -- you paid for it with a credit card. Chances are also good that you had multiple card options from which to...
While most people would prefer not to think about it, the simple truth is that many are deeply in debt. Indeed, a recent survey by NerdWallet determined that the average U.S. household owed $132,529 at the end of 2016.All of this naturally raises the question as to...
In our last post, we spent some time exploring the additional -- and final -- conditions that an individual who has completed their three- to five-year repayment plan must satisfy in order to secure their long-awaited debt discharge under Chapter 13. A natural...
Research shows that American consumers are falling behind on credit card payments in far fewer numbers than in years past. At the same time, however, it also shows that the number of consumers who rely on their credit card as their default method of payment seems to...
