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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…

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 foreclosure lawyer that can assist you in…

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…

Recently, the Eleventh Circuit court vacated a dismissal of a mortgage borrower’s complaint. In Daniels v. Select Portfolio Servicing, the plaintiff argued that the mortgage lender violated both the Fair Debt Collection Practices Act (FDCPA) and the Florida Consumer Collection Practices Act (FCCPA). Daniels argued the lender was asking for…

A bank foreclosing on a homeowner behind on their mortgage payments may face a long, expensive legal process to get the homeowner out of the property. To avoid the time and cost of pursuing eviction proceedings, many lenders have been turning to ”cash for keys” agreements. What Is a Cash for Keys…

Discharging student loans through bankruptcy is so notoriously difficult, many people think it is impossible. Fortunately, that is not the case. However, successfully discharging your student loan debt does present certain challenges. In July of 2021, a federal appeals court in New York ruled that private student loans cannot be…

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…

In recent years, the majority of people filing for bankruptcy have cited medical issues as one of the key contributors to their strained financial situation. Medical issues can cause a financial downfall in two ways. The first is the high cost of healthcare in the country, and the other is…