As most residents of Florida probably already know, there are signs everywhere that our nation is recovering from the recession. The housing market is improving and consumer confidence is rising. Yet this economic recovery also means an increase in credit card debt. Right now, consumers are better at paying their credit card bills on time, […]
Tampa Bankruptcy Law Blog
When hearing the word bankruptcy, many Florida residents cringe. The language used to describe bankruptcy is often negative and untrue. Many use bankruptcy to aid in debt relief and are able to take back control of their financial situation, therefore making it a very positive action. For most of these people, filing bankruptcy proves to […]
Credit card debt is becoming a serious problem for college students. A south Florida university has recognized this growing problem and has taken steps to help its students avoid unnecessary debt. Student loan debt and credit card debthave become the norm in covering the cost of college expenses for many students. Students use credit cards […]
Once you reach a certain range on the balance of your medical bills, bankruptcy looms as the only viable remedy, unless of course you’re one of wealthy few. Exorbitantly-priced medical bills are expected to push 1.7 million American households into bankruptcy this year. This will mark the first time in Florida or elsewhere that medical […]
It is no secret that credit card debt can be crippling. Many people are forced to turn to credit cards to pay for day-to-day expenses when financial limitations occur within a household. While the beauty of a credit card is the ability to pay later for a purchase made today, compiling interest can be financially […]
As the economy continues along a slow path toward recovery, many Florida residents are struggling to find and keep good jobs. Even those with a college education are finding difficulty in a slow job market, and in many cases are also faced with high levels of student debt. One recent report looks at the current […]
Many Florida residents are burdened with high level of credit card debt. Living with excessive debt is stressful, but many people simply do not know how to begin to tackle debt reduction. The following tips are offered as a guideline for anyone who is ready to begin the process of emerging from beneath a mountain […]
Credit Card and Medical Debt For many people, the thought of taking on any more debt can be a daunting proposition. With high-interest rates on credit card debt, many Florida residents simply cannot afford to take on any more debt that could result in them falling further behind than they already are. This may even […]
The bankruptcy process is about getting debt under control. In many cases, the largest debt on the books is the mortgage. A home is often the most valuable asset that people own, and for some the fight to keep it is the most important goal of bankruptcy. For others, getting rid of the incredible weight […]
There are a lot of elderly residents in the Tampa Bay area as well as individuals seeking a friendlier climate to recover from a life-threatening illness. Our Tampa Bankruptcy Blog talks about medical debts as a factor in causing residents to seek personal bankruptcy solutions, but how great is that factor? A recent study shows […]