Balancing debt in today's social climate can be an overwhelming task. Despite this, the majority of consumers in Florida and across the rest of the United States feel like they manage their personal finances better than the government handles its budget. While this might seem like an unimportant idea, it could be contributing to how some people take on additional credit card debt.
Filing for bankruptcy in Florida is a big decision, especially if it will affect more than just yourself. You and your spouse might feel stuck weighing the benefits of filing against trying to pay everything back yourselves. However, this is not the only decision you need to make. When seeking debt relief, you also need to figure out whether you will file by yourself or jointly with your spouse.
Are you considering filing bankruptcy? Do you have a second mortgage on your Florida home? If you answered yes to both of those questions, you may wish to consider filing Chapter 13 bankruptcy. With Chapter 13, you may be able to strip the second mortgage lien from your home and save your home from foreclosure.
Forking out money for medical bills can be annoying. After all, many people in Florida are already shelling out significant monthly payments for health insurance, and added bills can really compound financial worries. In some cases, those medical bills can do more than just stress out the recipient -- they can lead to Chapter 13 bankruptcy.
The decision to file for bankruptcy is not always easy and typically involves consideration of a number of financial issues. People in Florida have to consider many different factors before filing, such as their current level of debt, income and much more. However, for veterans, the decision to seek debt relief could be much more difficult.
For some people in Florida, owning a vehicle is not a luxury -- it is a necessity. Public transportation is not always reliable and many people live in areas not frequently serviced by buses. Those without vehicles often struggle to maintain employment or to find anything that pays a living wage within walking distance. While owning a vehicle is often the key to getting to and from work, the cost of these vehicles could also be financially devastating, leaving some people in need of debt relief.
Owning a home is a foundational aspect of the American dream. However, that dream might be more attainable for some people in Florida than for others. While home foreclosure rates are down overall, some homeowners are still struggling with their mortgage payments.
Tax season is not always a pleasant time of year. While some Florida residents are expecting to receive a nice refund, you might be struggling with the reality that you are still not quite caught up on the taxes that you already owe. While it might seem impossible, tax debt relief is possible. Here is what you need to know.
Even in small amounts, debt can be an ever-present stress. From the emotional toll of trying to juggle multiple payments to receiving harassing phone calls from creditors, being in debt is not easy for people in Florida. Getting out of debt can be even harder. If you are struggling under the weight of debt, Chapter 13 bankruptcy can be a viable option. Here are a few things you should know before going down this path.