Foreclosure is a slow process, and banks can take anywhere from a few months to a year or more to auction off your home. In Florida (specifically Miami-Dade, Broward, & West Palm Beach), depending on the court schedule, it usually takes approximately 180-200 days to effectuate an uncontested foreclosure. This process may be delayed if [..]
If you are a Florida resident contemplating either a Chapter 7 or Chapter 13 bankruptcy, there is a lot to consider before making your decision. Having trusted professionals, like those at First Legal, as your sources for advice can be invaluable as you review your finances to determine whether or not this is the right [..]
Congratulations on taking the first big step toward a new and better financial life! Bankruptcy is designed to give those in need a second wind – an ability to discharge the worst debts holding them back so they can regain control of their finances overall. Filing for bankruptcy is just the beginning of this financial process. [..]
Bankruptcy is serious stuff, and complex too. A debtor deciding whether or not to declare bankruptcy likely has some idea of the benefits and probably knows a bit about the riskier factors. Filing will affect your future credit, and your purchasing options. It can however, improve your short-term quality of life considerably by freeing you [..]
TV and radio are inundated with advertisements extolling the virtues of credit repair. You can’t turn the corner without seeing banners promoting credit repair. These ads are willing to promise you the fiscal equivalency of a Willy Wonka Golden Ticket to credit salvation. These days, credit repair agencies are ubiquitous in Broward, Dade and nationwide. [..]