Defaulting on a loan — failing to make scheduled payments on time — can expose you to legal claims, lead to property being repossessed, and make it difficult to obtain further loans or credit. Certainly, you should avoid defaulting on any loan you have taken out. If you are unable…
Category: Credit Card and Debt Defense
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…
Disclaimer: 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…
When you’re having problems making your monthly mortgage payments, you might have a few options to negotiate with the lender to get current on your mortgage or make your payments more affordable. It’s important to understand the differences between a mortgage loan modification, forbearance agreement, and repayment plan, so you…
Between the scam calls and debt collections, sometimes your phone can feel like your enemy. It is especially unnerving to receive collection calls on debts that you believed were written off ages ago. These collectors sometimes encourage you to make any payments you can on these old debts-even as low…
Residents of Fort Lauderdale carry some of the highest credit card debt in the country. In the first quarter of 2022, credit card debt in the city stood at $983.2 million, averaging approximately $13,115 per household. This is well over the average nationally and is among the most of any…
According to the latest data released by the Federal Reserve, consumer credit increased by a record $38 billion in April 2022. The increase shows that as Americans also deal with record-high inflation, they are starting to lean on credit cards more. Revolving credit, which largely includes credit cards, totaled a…
Inflation in the United States remains at a 40-year high, and everyone is feeling the pinch because of it. People are paying more at the grocery store just to feed their family, and prices at the gas pumps continue to rise. As there is little to be done about these…
A wage garnishment will allow a creditor or debt collector to take a percentage of your bank account, wages, or other finances. Entities can only garnish your wages after they have successfully obtained a court order to do it. Once they have obtained an order, they will then call your…
