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You have made the very difficult decision to file for bankruptcy. You’re looking forward to taking back control of your life and your finances. So, why are you still receiving phone calls and letters from creditors? This is a discouraging situation. Unfortunately, it’s one many find themselves in even after…

Many Floridians know there are consequences to accumulating too much debt and not being able to pay it off. Of course, it will wreak havoc on your credit score, but there’s more to it than just that. Another major consequence is that you may face a lawsuit if the debt…

Credit is complicated. There are many myths out there, and people that are trying to improve their credit often don’t know how to separate fact from fiction. If you’re trying to reach a better credit score, or you just don’t want to hurt the high credit score you’ve worked so…

Your credit history will have a huge impact on your life. A low credit score can prevent you from getting loans and other credit you may desperately need, and can even keep you from employment and housing opportunities. While all of these are certainly consequences you want to avoid, making…

When people enter into a mortgage agreement, they don’t imagine that they’re going to end up in foreclosure. However, since the economic downturn, it’s something more and more homeowners are facing. When they do, they have many options available to them. A very common one is a short sale, which…

No one ever has a goal of going bankrupt. Many people will do anything they can to delay the process, although, in the end, it may be inevitable. On the other hand, sometimes people may file for bankruptcy when there are other options, such as debt consolidation, that could help….

Many consumers are familiar with the practice of skimming. This theft crime involves installing a reader device on ATMs so fraudsters can use that information to steal your information and your money. Today, there is a newer form of theft that is called shimming. This works very similarly, except that…

Defaulting on mortgage payments has many consequences for a borrower. In all states, it could mean the lender has the right to foreclose on the home. If that happens, the borrower will lose the home and it will be put up for a short sale to cover the cost of…

When a borrower owes a significant amount of money to a creditor or debt collector, that agency will often garnish the borrower’s bank account. It is a drastic step, and one debt collectors are often hesitant to take. There are many Florida laws they must follow when doing so, and…