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The coronavirus has caused the finances of millions to take a hit. Over the past few months, as people have been laid off or furloughed, they have been turning more and more to their credit cards. Today, 47 percent of Americans carry credit card debt, and 40 percent of borrowers…

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…

Struggling with debt is extremely difficult and when you feel that you are in too deep and that you cannot pay it off, you may consider filing for bankruptcy. Although it is a last resort, bankruptcy can bring relief from the financial pressure you are feeling and can stop the…

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…

Wage garnishment occurs when a collection company or creditor starts legal action to take some of your wages, money held in your bank account, or other assets you own. When creditors are successful with their case, they will contact your employer and ask them to deduct a certain amount of…

We often talk on this blog about the dangers of credit cards, and the lawsuits that overzealous debt collectors file to recover the debt when borrowers get in over their head. Continue reading →

Foreclosure, unfortunately, brings many consequences and the fact that it causes your credit score to take a big hit is one of them. Continue reading →

Coronavirus and COVID-19 have become household terms and many people talk about this virus several times a day. Another term people are talking a lot about today is forbearance. It is an unfortunate fact that COVID-19 has caused many people to lose their jobs, whether temporarily or permanently, and that…

It has been said time and time again that even if you cannot pay off the full balance on your credit card every month, you should at least try and make the minimum payment. If you cannot make this smaller payment, it counts as a missed payment and will hurt…