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February 2011 Archives

Business owner files for Chapter 7 in Florida

When it comes to owning a business, many times owners put their own personal finances on the line thinking that the investment now will be worth it financially in the end. However, sometimes the business ends up not doing as well as one had hoped, and that same owner finds filing for a personal bankruptcy may be the only option in terms of getting out of mounting debt.

Mortgage modification could help you avoid home foreclosure

Just two years ago, hundreds of thousands of individuals were in imminent danger of having their homes foreclosed upon, and existing government mortgage programs offered little help. To combat the wave of home foreclosures, the Obama administration rolled out a new mortgage modification program in the spring of 2009.

Tips for Managing Debt After the Holidays

In the months immediately following the holidays, many Florida residents are looking for ways to manage and lower their debt. However, there are several things that consumers can do today to take control of their debt and create a better financial situation for when the holidays roll around again.