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February 2013 Archives

Struggling with debt? Learn about different debt relief options

Florida residents who are struggling with debt may feel like everything is a constant reminder of how much they owe. In some cases, they could be facing the threat of foreclosure or already be in a situation where wages are being garnished by creditors.

Credit card debt can hurt a small Florida business

Many small business owners in Florida have found themselves in the position of relying too heavily on their credit cards. At one point, many had the idea of using the credit cards to get everything started, but have since found the need to rely on the credit cards. The longer this goes on, the more and more debt the business ends up accruing.

"Life of Pi" visual effects company plans to file for bankruptcy

It was reported earlier this week that Rhythm & Hues Studios, the visual effects company nominated for two Oscars for "Life of Pi" and "Snow White & The Huntsman," plans to file for Chapter 11 bankruptcy.

Tarnished credit reports costing job applicants

For those who have been doing their best to find employment after being fired or laid off in our still-struggling economy, having to deal with credit trouble, be it recent or long-standing, can be especially difficult. Debt trouble and a damaged credit trouble not only raises the stakes of landing a new position-it can also make securing fresh employment far more challenging.

Casey Anthony is a good example of when to file for Chapter 7

If you are feeling overwhelmed by the amount of debt you seem to be racking up on a regular basis and just feel buried by those burdens, you are not alone. With the current tough economic conditions and high unemployment rate, many individuals find themselves doing something many never before considered - filing for bankruptcy. While such an action has always carried with it a certain stigma, the circumstances have changed in Florida and nationwide to where it is becoming a more acceptable practice for finding debt relief.

Bankruptcy relief may be coming to student loan debtors

In the sphere of national modern day politics, issues of debt and spending seem to dominate almost every discussion. One looming specter in many conversations of both private and government debt is the ever-increasing total of student loan debt. As the average amount owed by those pursuing or finished with higher education continues to rise, many are worried that these debts will make it impossible for future generations to prosper.

School supply company files for Chapter 11 bankruptcy

With the recession and cuts in public spending, many schools around the country ended up being impacted. For many districts the state budget cuts led to school boards having to delay adopting new curriculum guidelines and put off spending money on any instructional materials that would have met those new guidelines. This in turn ended up affecting School Specialty Inc., the company that supplies about 70 percent of the schools in the U.S. with school supplies.

Florida ranks No. 1 in foreclosure activity

Foreclosures continue to be high in Florida. In fact, being the state with the highest foreclosure rate in 2012, it is estimated that one out of every 32 households in the state received a default notice, auction or repossession last year. This is more than double the national average for foreclosure activity.

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James H. Monroe, P.A.
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