Author: Loan Lawyers

Money stacked on smartphone

The coronavirus has caused the finances of millions to take a hit. Over the past few months, as people have been laid off or furloughed, they have been turning more and more to their credit cards. Today, 47 percent of Americans carry credit card debt, and 40 percent of borrowers…

Florida business closed due to foreclosure

Learning that a lender wants to foreclose on your commercial property is very scary. If the lender is successful in foreclosing on the property, it will not only greatly impact your business, but your family, too. Fortunately, there are many valid defenses to commercial foreclosures in Florida, but it is…

steps in bankruptcy

Struggling with debt is extremely difficult and when you feel that you are in too deep and that you cannot pay it off, you may consider filing for bankruptcy. Although it is a last resort, bankruptcy can bring relief from the financial pressure you are feeling and can stop the…

"wage garnishment" written on a sticky note near credit card bills

Wage garnishment occurs when a collection company or creditor starts legal action to take some of your wages, money held in your bank account, or other assets you own. When creditors are successful with their case, they will contact your employer and ask them to deduct a certain amount of…