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When a person is facing the possibility of losing their home, they will most often do whatever they can to keep it, even if it means taking drastic measures. Bankruptcy is one such action that is typically considered a last resort for most people deeply in debt. When in foreclosure,…

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…

Struggling homeowners may concede defeat when they are served with foreclosure papers from their lender. After months of sleepless nights, fretting, and trying to work out a solution with their lender, the homeowner’s options to catch up with their mortgage note seem to disappear overnight. During the height of the…

According to the Federal Reserve, for the first time in history, the collective U.S. debt surpassed $4 trillion. Pushing this number over the top are factors such as the usual fourth-quarter culprit of holiday spending, rising student loan debt, and automobile financing. High Holiday Spending Since January 1943, the Federal…

As colleges continue to raise their tuition and increasing shortage of affordable housing, young adults across the US are having trouble purchases homes. According to a study conducted by the Federal Reserve, young adults aged between 24 to 32 are buying houses less due to the insurmountable burden of student…

Climate change poses an imminent threat to the mortgage industry. In recent years, extreme storms, natural disasters, and precarious shifts in climate are damaging homes in areas where borrowers might not have invested in flood or fire insurance. According to CoreLogic, mortgage delinquencies on damaged homes increased more than 200%…

Have you ever closed your eyes and wondered what it would be like to be able to retire immediately? It is ok. The fact that you are reading this blog might mean that you harbor a secret (or not so secret) desire to do so. You can admit it. Don’t…

If you fall behind on mortgage payments, Chapter 13 bankruptcy may help. Chapter 13 bankruptcy was designed to help homeowners catch up on payments and potentially keep their homes. Immediately upon filing bankruptcy, protection referred to as the Automatic Stay takes effect, shielding debtors (this is how the court refers…

In our connected world, social media is omnipresent and many people post frequent updates of their daily activities, family events, likes and dislikes on almost every possible topic. We can create a significant online biography by just posting regularly. Social media can be a wonderful platform to connect with friends,…