Tag Archives: Orlando Bankruptcy Lawyer
Medical Debt is the Largest Cause of Bankruptcy: Rising Deductibles Will Not Likely Improve the Situation
For five years now, the out-of-pocket costs of healthcare have escalated rapidly. Consider a 2014 report by Forbes, where it was explained that out-of-pocket costs went up by 8 percent between just 2013 and 2014 and is expected to continue to rise. In fact, the costs have doubled since 2009. And although more Americans… Read More »
Don’t Take Debts Lying Down: Demand Validation
Millions of Americans find black marks on their credit reports each year. Many of those are completely false. Some are not even their debts at all. Others reflect actual accounts but the amounts are wrong or have already been paid. Many people just accept this as part of life, assuming it is too difficult… Read More »
Loan Modification Now Available Through Chapter 7 Bankruptcy
Orlando has one of the highest rates of “under water” mortgages in the nation. This means that many central Florida families owe far more on their homes than the actual fair market value. Instead of having an investment, these folks are saddled with a liability that they cannot even sell to escape the payments…. Read More »
When Relationships Go Bankrupt, the Obligations Do Not
Few things are as certain in life as the reality that divorces are not only emotionally draining, but financially exhausting as well. Similarly, few couples make it through a divorce without some financial hardships. Even if just a minor reduction in credit score or the loss of equity in a vehicle, divorce hurts the… Read More »