Florida is home to scores of thousands of active-duty and reservist military members across all branches of the Armed Forces.Based on recent revelations uncovered by federal regulators via a mandated investigation and report from a number of major lending banks, many...
In the economic downturn of recent years, many Floridians and persons from elsewhere across the country have stated that it was a sudden and unforeseen job loss that created insurmountable financial problems for their family and resulted in
As an indication of just how harassing debt collectors can be in Florida and across the country, consider this: More than 180,000 formal complaints were lodged with the Federal Trade Commission (FTC) in 2011 by consumers being targeted by collectors working as...
For proof that some debt collection agencies are virtually shameless and unscrupulous, consider this: One of them was recently fined more than $700,000 for threatening to exhume the bodies of dead children for non-payment of funeral bills. Others have threatened to...
Calling it a "chance to right a wrong," three U.S. senators proposed new legislation last week aimed at reversing a prior legal change that makes it all but impossible for student debtors to rid themselves of private loan obligations in bankruptcy.Federal student...
The term "robo signing" could be destined for the history books and future generations, as Americans in upcoming years and decades seek a deeper and more comprehensive understanding of what truly went wrong with the mortgage crisis of recent years and the role that...
As an indication of just how hard many Floridians were hit in their pocketbooks during what has now been historically termed the Great Recession that struck several years ago and continues to linger with strongly adverse effects, consider this: Although measurements...
The adage "statistics don't lie" impliedly includes an addendum along the lines of, "They can also often be interpreted multiple ways and reasonably point toward disparate conclusions."Nowhere can that be seen more clearly than in data released recently by the Federal...
When the mighty fall they sometimes take others down with them. When the Bernie Madoff Ponzi scheme tumbled down, many investors saw their retirement savings go down with it. The money was then gone, with little to be done to save it.A similar situation occurred in...
Many people are living paycheck to paycheck in this difficult economy. Any unexpected expenses can have a very serious impact upon those who may have seen their savings accounts depleted.Financial problems are often very stressful. When money is tight, it can be...
