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If you have credit card debt and do not pay it within a certain period of time, the company can file a lawsuit against you to recover what you owe. Truthfully, few of these lawsuits ever get to trial. It is in the best interest of both you and 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 that can assist you in…

It’s hard enough for homeowners to go through foreclosure and lose their homes. To make matters worse, in Florida, after a borrower has lost their home and is trying to piece their life back together, they can face deficiency judgments. There are many ways lenders can obtain deficiency judgments against…

The short sale process is often intimidating for homeowners who are facing foreclosure. A short sale is the process of selling a home for less than what is currently owed on the mortgage. It’s a scary process for homeowners, not only because they are losing a home, but also because…

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…

Bankruptcy is a great option for those with excessive debts that they cannot pay off. However, bankruptcy is also widely misunderstood. Many think that when you declare bankruptcy, you simply no longer have to pay off your debts. Others believe the only consequences that come from going bankrupt is the…

There are many reasons Florida has one of the highest foreclosure rates in the country. One of them is that many homeowners think that when a lender forecloses, they have no option but to simply start packing their bags. This is untrue, and just one of the most common misconceptions…

The Federal Trade Commission (FTC) has recently released its annual report about debt collection complaints made by consumers. The number of complaints in 2018 was down to 84,500 from the 88,000 the agency fielded in 2017. The report states that it collected $58.9 million in judgments for consumers last year…

The Fair Debt Collection Practices Act (FDCPA) may get a slight tweaking if a new law comes in that would allow creditors and debt collectors to text and email customers about their debt. The proposed change has consumer advocacy groups worried that it will limit the protections consumers have right…