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In the early days of the pandemic, federal and state moratoriums were placed on foreclosures in Florida, bringing much relief to homeowners in the state that had lost their job or otherwise could not make their monthly mortgage payments. The predictions at the time were that while foreclosures may have…

As the number of data breaches into corporate networks increases, so does the crime of identity theft.  The Federal Trade Commission reports that they received 4.8 million identity theft complaints in 2020.  That only represents the number reported, the true number is likely much higher than that.  Once your identity…

Even as difficult as 2020 was for millions of people in the country, according to WalletHub, people paid down $82.1 billion in debt during the year. Unfortunately, the news has different meanings for people in different parts of the country. Here in Fort Lauderdale, for example, the average household is…

After a really hard economic period for all of us, it seems that life is moving forward as the pandemic turns into a past memory. Business are opening up, people are going out and spirits are high. Nevertheless, the financial effect of this pandemic is just starting. Millions lost their…

A house littered with outdoor debris and boarded-up windows stands vacant in Eau Gallie, and it has for over ten years. The bank foreclosed on it in 2007 but has had a previous owner since that time. That owner died in 2020 and now, a number of circumstances have held…

Student loan debt in the United States is over $1.71 trillion, with more than 44.7 million Americans carrying this type of debt. The number of people taking on student loan debt is growing higher every day. According to the Bureau of Labor Statistics, the number of people taking out student…

Bankruptcy is a much more complex process than simply filing and having your debts discharged or restructured. You will have to first complete many steps and one of those is obtaining a bankruptcy certificate or rather, two certificates. Bankruptcy certificates are documents that show you completed a credit counseling and…

When people fall into financial difficulty, sometimes, working with a debt settlement company seems like a good idea. These companies negotiate with your creditors on your behalf and come to an agreement about the amount of debt you will repay. A settlement is typically less than the original amount of…

Loan modification can be a tricky business.  Many struggling homeowners believe that their loan servicer does not want to take their house, so a loan modification is a sure thing.  Unfortunately, that is not the case.  For starters, loan servicers exist to make a profit, not to help homeowners.  Under…