Tag: credit

Alternatives To Paying The Collection Agencies
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It can be truly unpleasant to deal with collection agencies. A lot of people wonder how their debt became the business of a collection agency in the first place? In most cases, the creditors such as credit card companies or some other organization you have received services from, send the debt to the collection agency…

What You Should Know About Bankruptcy And Your Credit
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Unfortunately, 2021 hasn’t been a good year for many people financially. The tough economy has led to furloughs and layoffs, leaving people in a disastrous financial position. Even if you’re lucky enough to have been able to return to work, you may find that you’re still faced with a reduction in pay or hours. When…

Comparing Credit Cards And Debit Cards
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Plastic money or cards be it credit or debit are among the most preferred modes of payment after cash. Over the last few years, there has been a substantial increase in the usage of both types of cards to pay for products and services. Although the debit card has no debt liability, credit card debt…

Sale Of Homestead And Other Assets In Bankruptcy
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Debtors in bankruptcy proceedings who desire to sell assets of significant value, whether those assets are considered exempt or not exempt, should obtain appropriate permission from the bankruptcy court before doing so. This advice includes the sale of the homestead in the State of Florida. If you contemplate the sale of homestead property, while in…

DISCHARGE OF STUDENT LOANS IN BANKRUPTCY PROPOSAL IN NEW BILL BEFORE CONGRESS
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A new bill being presented to Congress will permit the discharge of student loans in bankruptcy provided certain conditions are met. The bill, sponsored by Senator Richard Durbin and Senator John Cornyn, is titled the Fresh Start In Bankruptcy Act. Under the current bankruptcy laws, it is quite difficult to discharge a student loan in…

What You Need To Know About Buying A Home After Bankruptcy
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Even though we’re still in the midst of a pandemic, most people have at least one friend or family member who’s bought a home within the past year. In fact, the first few months of 2021 have reflected rapid growth when it comes to buying homes. This has been supercharged by the real estate market’s…

Negotiating Debt With Your Credit Card Company
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Statistics show that the average person living in the state of Florida today has over $8,000 in credit card debt. This debt can quickly become unsustainable with how high-interest rates are. Therefore many people are wondering if they can negotiate with their creditors. Unfortunately, the answer is only “maybe” since companies differ in how willing…

PROCEDURE FOR DEBTORS SEEKING EARLY PAYOFF IN A CHAPTER 13 BANKRUPTCY
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1. THE CHAPTER 13 BANKRUPTCY MUST AT LEAST BE CONFIRMED BY THE BANKRUPTCY JUDGE AND AN ORDER GRANTING THE CONFIRMATION OF THE CHAPTER 13 PLAN FULLY ADMINISTERED. 2. A WRITTEN STATEMENT, DATED, SIGNED AND NOTARIZED, BY THE PERSON(S) OR INDIVIDUAL(S) OFFERING TO ASSIST (THE PAYOR). THE DEBTOR OR DEBTORS IN AN EFFORT TO PAYOFF THE…

Should You File For Bankruptcy After The Holidays Are Over?
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It seems that the stress of the holidays is only amplified once they blow over and January rolls around and you see your credit card bills and other payments that need to be taken care of. Many individuals may assume that it’s best to file for bankruptcy right after the holidays are finished, but it…

TAMPA BANKRUPTCY ATTORNEY EXPLAINS BANKRUPTCY OPTIONS
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If you are in debt, bankruptcy might present an option. Many today are struggling with mortgage and automobile payments, credit cards, and other debts. Due to mandatory and voluntary shutdowns of many small and larger businesses during this time of what is often referred to as the coronavirus pandemic, the economic toll has been dramatic.…

Five Things To Do To Reduce Financial Stress
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Financial stress can come from any number of different causes. Whatever the reason may be for your financial anxiety, there are a few helpful tips that you can always keep in mind to get things back on track. Don’t let your finances become a hindrance to your physical and mental health, follow these simple tips…

Get Financial Support To Relieve Your Financial Stress
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Financial stress is caused by constantly being in debt. Not being able to earn sufficiently, the constant reminder of raising money for the children’s schooling, or being married to a person that is not good at handling money are some of the issues commonly faced by people. If there was a way of reducing the…












