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Even before the COVID-19 pandemic, Florida was one of the hardest-hit states when it came to foreclosures of residential and commercial properties. Florida continued to struggle after the housing crisis of 2008, long after many other states in the country had largely placed the crisis in their rearview mirror. Today,…

When credit card issuers give someone a credit card, they place a credit limit on the account. The credit limit is the highest outstanding balance a person has and, essentially, how much they can spend on the card. Borrowers are generally advised not to spend so much on a credit…

When the pandemic first hit in early 2020, the Trump administration placed a moratorium on foreclosures and evictions. While the moratorium was extended last year, it was set to expire on January 31, 2021. Fortunately for homeowners who are falling behind on their mortgage payments, President Biden signed an executive…

A recent study has shown that Orlando is among the cities with a large number of residents who are stressed about their debt load. While the study revealed that Orlando was the only Florida city that made the top 10 cities where residents are most concerned about the amount of…

If you have missed a mortgage payment or two, or the bank has already started the foreclosure process, you may wonder if it is already too late to stop it. Foreclosure is an exhausting and time-consuming process and throughout it, you will find that you are not only battling the…

When you are trying to get out of debt, one of the first pieces of advice you may receive is to stop using your credit cards. The advice is sound, as using a credit card essentially means that you are using money that you do not have yet. While credit…

When you have missed some mortgage payments and are in fear of foreclosure, you have a big decision to make. Should you allow the foreclosure process to continue, or should you fight it and try to stay in your home? While your emotions may try to dictate the answer, there…

The world of credit scores is often confusing and intimidating. Many people do not fully understand the factors that can increase or lower a credit score. This is largely because there are so many myths floating around out there about credit scores and what hurts them and what helps them….

If you have been contacted by Persolve Recoveries, LLC or if they have sued you, please contact our office.  You may be entitled to financial compensation for violation of the Fair Debt Collection Practices Act. We will look into your situation for free and if we are able to uncover…