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You have probably heard this term on the news, read it online, heard your neighbors or co-workers mention it, or this may be the first time you are learning about it. Forbearances. What are they? According to the United States Department of Housing and Urban Development (HUD), Federal Housing Administration…

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…

If you default on your federal student loan, the U.S. Department of Education has the right to garnish as much as 15 percent of your disposable income without first obtaining a court order. The wage garnishment remains in place until the entire debt is paid, and it can make it…

As we take steps to recover from the pandemic that has assailed the world for almost two years, it is undisputed that the effects of COVID-19 will be felt for some time to come. One frequently overlooked or unspoken side effect of the pandemic is the large medical debts left…

Filing bankruptcy does provide a great sense of relief to borrowers, and allows them to get back on their feet financially. Unfortunately, too many people in Florida are surprised to learn that filing bankruptcy will not discharge every type of debt they carry. Debt incurred as a result of a…

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 who can assist you in…

Credit card debt in the United States has reached an all-time high. As of May 2021, credit card debt has reached nearly $1 trillion, the highest ever in American history.  Clearly, people are using their credit cards more these days and for many, the burden of the debt becomes too…

You have enough on your plate if you are facing foreclosure. You are behind several months on your mortgage and you may lose your home. As if all of that was not distressing enough, a foreclosure may also cost you extra money in fees, deficiency judgments, and more. These additional…

Americans are carrying more and more credit card debt every year and for many, the burden is too great to bear. With so many more people taking on this debt every year, it also means more lawsuits are being filed every year by creditors and debt collectors against borrowers. For…