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In 2018, Americans paid off more debt than they had in nearly 10 years, since the year after the recession began. However, while the news that Americans paid off $40.3 billion in credit card debt in the first quarter of 2018 alone was good, it also came with some unfortunate…

The Federal Trade Commission (FTC) recently released a report showing that Florida still sees the most scams of all states. Unlike in the past though, these scams are largely targeting millennials, not the seniors who have been in scammer’s sights over recent years. Throughout the country, the most popular scams…

Many college and university graduates find themselves in the predicament of leaving school with high student loans and an unfavorable job market. Over time, as more debt is incurred and the student loan still looms, former students may think about turning to bankruptcy to give them a fresh start. Bankruptcy…

When a person is facing foreclosure, they may think they’re going to spend a lot of their time working with the bank. After all, it’s the bank that wants mortgage payments made, so it makes sense that the homeowner would primarily deal with them. However, this isn’t always the case….

It’s not uncommon for consumers to complain of debt collectors calling them at all hours of the day and night. Some consumers even worry that debt collectors will take further action, such as contacting an employer to have the employee’s wages garnished to repay the debt. These are just some…

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…

When homeowners are struggling to make mortgage payments and fear foreclosure, a loan modification is often the answer. A loan modification will restructure the terms of the existing loan, such as the interest rate, length of the loan, and even the monthly payment amount. By modifying a loan, the payments…

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,…

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…