Jump to Navigation
When you've done all you can you may be able to get A Fresh Start

January 2018 Archives

Home foreclosure rates decreasing in Florida and nationwide

There have many positive financial improvements in the country following the mortgage crisis. Among them, home foreclosure numbers decreased significantly nationwide over the past year. Florida saw a 45 percent drop in foreclosures filed from 2016 to 2017. However, the state still ranks among the top states in the country for foreclosure rates.

Ways to reduce credit card debt

Many Florida residents and those elsewhere around the country take time to assess their finances at the beginning of a new year. Consumers may have overspent during the holidays and are now taking stock of their situations. According to a personal finance website, many people in the nation are dealing with the burden of credit card debt.

Company took advantage of those seeking loan modification

Many Florida residents and others around the nation were looking for financial relief during the most recent mortgage crisis. Many homeowners hoped to execute a loan modification to ease their financial stress while remaining in their homes. However, a company based in another state took advantage of homeowners in need during this time. The owners of the company were recently indicted for fraudulent mortgage activities.

Is credit card debt the good kind or bad kind of debt?

Financial industry experts have defined what is considered to be a good kind of debt to have. This would involve a debt that could possibly earn money or create value to someone, such as a mortgage or a student loan. An individual with these types of debt has the opportunity to grow equity in a home, realize capital gains from the sale of a home or establish a higher earning potential with an advanced degree. While these are considered to be types of good debt, credit card debt is widely viewed as bad debt. Unfortunately, a significant number of Florida residents and others across the country don't see it as a problem.

Determine whether or not to file for Chapter 7 bankruptcy

Health insurance costs in Florida and around the country are skyrocketing. In fact, many consumers are forced to be uninsured now because it is difficult to afford the monthly premiums. While premiums are often priced out of reach for many, the alternative is equally frightening. A serious accident or illness could quickly deplete the assets of an uninsured person and create a financial disaster. In fact, many people who file either Chapter 13 or Chapter 7 bankruptcy do so as a result of staggering medical bills.

Save more for retirement by reducing credit card debt

Many of those in the workforce in Florida and throughout the country often dream of the day they can quit their jobs and retire. However, a growing number of employees feel less confident about their future ability to leave the working world someday. In a recent survey by a national brokerage firm, the results showed that members of a particular demographic don't believe they will ever be able to fully retire. While there are many contributing factors, one reason often cited is mounting credit card debt.

Start the new year by tackling credit card debt

Many Florida residents and others around the country often make New Year's Resolutions at the beginning of each year. These resolutions frequently involve financial goals. While some focus on saving more for their retirement or establishing an emergency fund, experts recommend one activity that can potentially have the greatest impact on a person's finances. Tackling credit card debt and having the cards work favorably is a valuable place to start in the new year or anytime.

Company must pay $45 million for home foreclosure actions

The mortgage crisis that started roughly a decade ago created hardships for many Florida homeowners and others around the nation. Unfortunately, some companies that seemingly appeared to help consumers in their difficult situations created more problems for those involved. A national financial services corporation was recently ordered to pay $45 million as a settlement for their mortgage servicing and home foreclosure activities.

Do You Have A Case?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

A Member of the FindLaw Network
Paul Urich
Orlando Office

Law Office of Paul L. Urich, P.A.
1510 East Colonial Drive
Suite 204
Orlando, FL 32803
Phone: 407-982-3763
Fax: 407-896-3041

Get directions