Blog

bankruptcy myths

Many people understand that when you file for bankruptcy, it does a lot of damage to your credit score. It could cause it to drop over 200 points. Although this is true, there are still many myths surrounding bankruptcy and the exact damage it does to your credit score. If…

reverse mortgage

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 that can assist you in…

foreclosure home for sale

It’s hard enough for homeowners to go through foreclosure and lose their homes. To make matters worse, in Florida, after a borrower has lost their home and is trying to piece their life back together, they can face deficiency judgments. There are many ways lenders can obtain deficiency judgments against…

short sale

The short sale process is often intimidating for homeowners who are facing foreclosure. A short sale is the process of selling a home for less than what is currently owed on the mortgage. It’s a scary process for homeowners, not only because they are losing a home, but also because…

bankruptcy

Bankruptcy is a great option for those with excessive debts that they cannot pay off. However, bankruptcy is also widely misunderstood. Many think that when you declare bankruptcy, you simply no longer have to pay off your debts. Others believe the only consequences that come from going bankrupt is the…