2022 saw an increase in Florida foreclosures. WFLA News Channel 8 states that the foreclosure rate increased by 71.26 percent since 2021. Florida ranks high nationally in foreclosure rates. The state is seventh overall and second in total foreclosure starts from the...
Year: 2022
4 ways to help stop a foreclosure of your home
The economic downturn may impact your employment situation, affecting your ability to make mortgage payments. Serious illness or injury and mounting medical bills may also cause mortgage payment problems. Here are four ways to help keep your lender from foreclosing on...
How can you avoid beneficiary designation mistakes?
While wills are a crucial aspect of a solid estate plan, they are not the only way to distribute assets to heirs. When it comes to things like life insurance policies and retirement accounts, beneficiary designations ensure the proceeds pass directly to your heirs...
When may Florida’s statutes classify robbery as a felony offense?
Allegations of robbery may lead to officials filing felony charges under Florida's statutes. To obtain a conviction, prosecutors must prove that you had a weapon or used threats, physical violence or force to take someone's property or money. The Florida Legislature...
Can you avoid probate in Florida?
A will is often the first thing that comes to mind when you think about creating a plan for your assets after death. However, you have other options that may allow your family to avoid the sometimes painstaking process of probate. Bank accounts and securities Florida...
Could overcharging customers be a sign of embezzlement?
White-collar crimes such as embezzlement can do serious damage to a business. While embezzlement is a form of stealing, in this case the thief is someone who was in charge of the stolen money or property in the first place. Chron explains that there are many different...
What is the right to redemption?
A foreclosure means your lender is trying to take back your home. It occurs when you miss payments and do not fulfill your obligation under your mortgage agreement. Throughout the process of foreclosure, you may have the chance to stop it and retain your home. The...
How can you rebuild your credit after bankruptcy?
If you filed bankruptcy, you may have a positive outlook about the future of your finances. But since filing bankruptcy likely damaged your credit score, you may want to find a way to build it back up as quickly as possible. It can take time to rebuild your credit...
Beginning your estate plan
Planning your estate can feel overwhelming when you have no idea where to begin. A common myth about estate planning is that it is a one-time deal. Maintaining your plan throughout time can help you preserve its function. When you know where to begin, you might feel...
Why does bankruptcy happen?
Bankruptcy could dash your vision of the future if you allow it to. You might wonder what ever happened to put you in such a serious predicament. When you know some of the common reasons for bankruptcy, you might have some ideas of how to proceed. You may also...