Florida Mortgage Modification: Dual Tracking as a Double-Cross

The foreclosure system is clogged, both in Florida and across country. There have already been huge numbers of foreclosures, and there are so many in the pipeline, that the pace has slowed in recent weeks. There are many factors involved here, however, besides the volume. In the 23 states, including Florida, where courts play a role in foreclosure, concerns about the integrity of the paperwork ...

Debt Settlement Companies Continue to Engage in Deceptive Practices

Debt settlement companies are not supposed to engage in deceptive practices. Detailed government rules are designed to stop them from doing things like charging up-front fees that often leave debtors worse off, not better, or pushing their services aggressively through telemarketing. But despite new rules from the Federal Trade Commission, many unscrupulous debt consolidation companies continue to ...

Bankruptcy and Credit Scores

Filing for bankruptcy is always a big decision, with many factors to weight. One of those is the effect that a bankruptcy can have on your future credit possibilities. In the short term,bankruptcy will significantly lower your credit score - and this can create extra costs for you when you work to rebuild your credit, or try to purchase a car or a home. Even with this credit impact, bankruptcy may ...

Increasing Bankruptcy Among The Elderly: A Canary In The Coal Mine?

Retirement was supposed to be "the golden years." But these days, many elderly people find themselves in dire financial straits. Mounting credit card debt is leaving many with bankruptcy as their only viable option. Medical expenses, daily living costs, helping with adult children, shrinking or nonexistent retirement plans or savings - these all add up to not enough money to live on. Numerous ...