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January 2014 Archives

Almost 27 percent of U.S. families struggle with medical bills

Last week, we discussed the fact that medical debt has become a leading cause of bankruptcy in Florida and throughout the U.S. The Centers for Disease Control and Prevention has now reported that more than one-quarter of American families struggled to pay their medical bills in 2012. The CDC found that whether Americans have health insurance or not, medical expenses can lead to overwhelming debt. And, the problem may be the greatest for families with children; one third of those with children had trouble with medical bills in 2012.

$41 million set aside, some paid to help Florida homeowners

There is no doubt that Florida was one of the states that was hit hardest during the housing crisis. While the economy has begun to recover, there are still a lot of homeowners with mortgage loans that are considered underwater, where the market value of their home doesn't cover the outstanding balance on their mortgage loan.

Failed business venture leads to bankruptcy for Eddie Montgomery

Florida residents might be surprised or even confused when they hear about celebrities, professional athletes, or politicians seeking bankruptcy protection. How can those who have great financial means end up in desperate positions?

Are you responsible for your late spouse's debt?

Losing a spouse is a one of the most difficult experiences that a person can go through. It is often a time of great grief, sorrow and uncertainty. In addition to the emotional anguish caused by this type of loss, the death of a spouse can result in complicated financial circumstances. One of the financial complications involves debt. If your spouse leaves debt behind, are you responsible for it?

Medical bills remain a leading cause of bankruptcy

Medical debt is one of the leading causes of bankruptcy in Florida and throughout the country. Why? In part, because medical care is terribly expensive and medical expenses are something that people rarely plan for - no one can predict a sudden illness or injury.

Mortgage modification may save Florida mayor's home

When most people think of foreclosures and financial difficulties, they likely don't think of publicly elected officials having these types of problems. In the midst of the economic downturn, one Florida mayor found himself and his family facing some very real financial issues. Recent reports claim that the mayor of Coral Springs is losing his home to foreclosure. His wife came forward recently to speak about the issue.

ABA Defending Liberty Pursuing Justice American Bankruptcy Institute The Florida Bar 1950 CFAWL Criminal Florida Association For Women Lawyers Orange County Bar Association
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