August, 2013 Articles

Dealing with Overwhelming Business Debts

If you are a small business owner and falling further and further behind on credit card payments, loans and other expenses associated with running that business then it may be time to consider filing ...
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Finding Out if You Qualify for a Florida Bankruptcy

For many Floridians, the struggle to meet their financial obligations can be blindsided by various events outside of their control, such as the loss of their job, a reduction in hours or pay, a ...
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What debts are dischargeable in a Florida bankruptcy?

If you are considering filing for bankruptcy in Florida, you are probably wondering what debts will be dischargeable through this court-supervised legal action. Bankruptcy generally addresses ...
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Counseling and Education Requirements in a Florida Bankruptcy

In 2005, the bankruptcy laws were changed in the U.S. These changes added certain steps and qualifications for those seeking a personal bankruptcy such as a Chapter 7 which is the most common form of ...
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Couple with Animal Rescue Organization Facing Foreclosure

A husband and wife team who have spent years accepting and rescuing a variety of domestic animals is facing difficult times. T.K., 57, and his wife K.K. have been caring for homeless and neglected ...
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Foreclosure Help in an Uncertain Economy

California was one of the hardest hit states in the 2007 recession in terms of plunging real estate values. Many Californians saw their home values plummet by 30 to 40 percent which left them owing ...
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Bankruptcy Facts and Statistics

The common belief is that bankruptcy petitions are generally filed by deadbeats and those who spend recklessly. That, however, is not the case. The majority of bankruptcy cases are caused by financial ...
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Are You being Threatened with Repossession from Creditors?

When an individual purchases an item such as electronics, a car, home or pretty much any property through a loan or line of credit then that item is subject to repossession if the buyer is unable to ...
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Strategic Default for an “Underwater” Mortgage

Many Californians saw their homes go "underwater" in the recent recession when real estate market values plunged throughout the state and the nation. California was one of the hardest hit ...
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Living Without Credit Cards

Using credit cards to purchase everything from gasoline to clothes, groceries, restaurant meals, airfare, hotels, and entertainment items is so prevalent in our society that few consumers who have ...
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Michigan’s Foreclosure Rate Shows Continued Improvement in Last 6 Months

The foreclosure rates throughout Michigan have showed great improvement in the last year and a half which includes the greatly beleaguered Detroit area. The number of reported foreclosed homes over ...
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Texas Real Estate Foreclosure Filings Show Hopeful Trend

The number of foreclosures in Texas has decreased compared to a year ago. According to information compiled and released by Corelogic, the national foreclosure rate has gone down to 2.61 percent ...
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The Role of Student Loans in Personal Financial Troubles

Enormous student loan balances are continuing to have a large impact on personal finances. More and more graduates are finding that they must rearrange life goals—both personal and ...
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Medical Bills Will Push Many Households into Bankruptcy

NBC Business News reported last month that soaring medical costs is a top factor in why many individuals and families in the U.S. seek bankruptcy protection. According to the news report, 1.7 million ...
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Lien Stripping Through a Chapter 13 Bankruptcy

Lien stripping is the process by which a second mortgage may be eliminated for certain homeowners through the Chapter 13 bankruptcy process. In cases where home values have plummeted, many homeowners ...
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