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When a person doesn’t pay their debts, creditors often take action. A utility company may cut off the power to a delinquent borrower’s home, or a mobile phone company may disconnect someone’s data. There are situations, though, when it seems impossible to take something away from a borrower, such as…

If you have fallen significantly behind on your debts and don’t see a way to pay them off, you’re likely thinking about filing for bankruptcy. This is often an ideal solution for many, as it allows them a fresh financial start and can help them get back on their feet….

Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…

Just a few months ago, several agencies reported that credit card fraud was on the rise despite the security measures credit card companies had employed. This fraud is extremely bad news for consumers. When a person is the victim of credit card fraud, their credit balances continue to skyrocket as…

The Federal Trade Commission (FTC) recently released a report showing that Florida still sees the most scams of all states. Unlike in the past though, these scams are largely targeting millennials, not the seniors who have been in scammer’s sights over recent years. Throughout the country, the most popular scams…

When a person is facing foreclosure, they may think they’re going to spend a lot of their time working with the bank. After all, it’s the bank that wants mortgage payments made, so it makes sense that the homeowner would primarily deal with them. However, this isn’t always the case….

It’s not uncommon for consumers to complain of debt collectors calling them at all hours of the day and night. Some consumers even worry that debt collectors will take further action, such as contacting an employer to have the employee’s wages garnished to repay the debt. These are just some…

Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…

When homeowners are struggling to make mortgage payments and fear foreclosure, a loan modification is often the answer. A loan modification will restructure the terms of the existing loan, such as the interest rate, length of the loan, and even the monthly payment amount. By modifying a loan, the payments…