Year: 2019

foreclosure

The start of a new year, and a new decade, is always an exciting time. People get to look back on the year that just passed and celebrate their milestones and memories, while also looking forward and getting excited about making new ones. It is also the time for experts…

stressed about debt

A new report from CreditCards.com shows that Floridians have some of the highest credit card debt in the country. In fact, out of all 50 states, Florida ranks as the seventh-highest for the amount of debt borrowers carry. Breaking that down into individual households, Florida ranks 12th in the country….

mortgage loan modification

When people are facing foreclosure, they do not always realize that they have options. One of these is a loan modification through the lender. A loan modification can change the principal of the loan, the interest rate, and other terms to make the loan more affordable. However, a lender must…

fdcpa

The Fair Debt Collection Practices Act (FDCPA) offers consumers many protections. The Act outlines when and how often debt collectors can contact consumers about their debt, prohibits them from using unfair or deceptive practices when collecting debt, and more. However, even with all of these protections, Congress is currently considering…

bankruptcy court

Many people considering filing for Chapter 7 bankruptcy when they are drowning in debt. After filing for Chapter 7, a person’s property is sold off to repay their debts. Even if a person doesn’t have property to sell to pay off the debt, their debts may still be discharged or…

foreclosure scams

Foreclosure is a fear of many homeowners. When the process is started by the bank or lender, that information becomes public, meaning that anyone can learn of your financial difficulties and prey on your unfortunate situation. There are many foreclosure-related companies and while some of these are legitimate, many of…