Category Archives: Debt Relief
Getting Out of Debt is Possible
If you’ve been letting the mail pile up because you can’t bear to see one more bill, you aren’t doing yourself any favors. Instead, working with the knowledgeable debt relief and bankruptcy attorneys at The Law Office of Julia Kefalinos can help you reduce or eliminate debt you’ve accumulated related to credit cards, your… Read More »
Is Debt Forgiveness an Option for Your Credit Card Debt?
If you are feeling overwhelmed by credit card debt, you’re certainly not alone! By the end of 2023, credit card debt had well exceeded a trillion dollars, with the average household in debt to the tune of nearly $8,000. The average APR on credit cards at that time was near 25 percent, but, according… Read More »
Bankruptcy May Be A Better Solution Than You’d Imagine
Across the country, bankruptcy threatens families of all stripes. If you have creditors banging on your door and are getting fried by the stress, maybe filing for bankruptcy is a viable solution for you. The truth is, bankruptcy may not be nearly as intimidating a process as you think. Exemptions One frightening thing about… Read More »
Relief from Crushing Debt
Are you buried under a mountain of debt with no way to claw yourself out? If so, you’re not alone. Across the country, consumer debt has risen nearly five percent, with mortgage, auto, credit card, and student loans sucking up one of every ten dollars of disposable income on average. Consumers are taking out… Read More »
What the Expiration of Florida’s Eviction and Foreclosure Moratorium Could Mean for You
Back in April, Florida Gov. Ron DeSantis issued an executive order imposing a statewide moratorium on evictions and foreclosures due to the ongoing COVID-19 pandemic. However, the governor allowed that moratorium to expire on September 30, 2020. In a statement, DeSantis said he wanted to avoid a potential conflict between his prior moratorium and… Read More »
Can the Paycheck Protection Program Help My Florida Business During the COVID-19 Pandemic?
In response to the massive economic shutdown caused by the COVID-19 pandemic, Congress established the Paycheck Protection Program (PPP) to “provide a direct incentive for small businesses to keep their workers on the payroll.” Congress initially appropriated $349 billion to the PPP, which was quickly exhausted. On April 24, the President signed additional legislation… Read More »
What Are My Debt Relief Options Following the Government Shutdown?
The recent partial federal government shutdown was the longest in U.S. history, and affected hundreds of thousands of workers. This includes not just direct employees of the federal government, but also individuals who work for government contractors, many of whom still have yet to receive back pay. For Florida workers living paycheck-to-paycheck, this means… Read More »
Florida Clarifies Rights of Mortgage Holders in Bankruptcy
Although filing for Chapter 7 bankruptcy can eliminate most of your unsecured debts, it does not get you off the hook for any debts secured by property, such as your home mortgage. While filing for bankruptcy can delay a foreclosure, it cannot ultimately prevent the bank from taking your house if you are unable… Read More »
FTC, Florida Officials Shut Down Purported Student Loan Debt Relief Scam
Student loan debt is out of control in Florida and throughout the country. According to Forbes, there are more than $1.3 trillion in outstanding student loans in the United States. For a college student who graduated in 2016, their average loan debt is over $37,000. About 11 percent of student loan borrowers end up… Read More »
When Are Credit Card Debts Unenforceable in a Chapter 13 Bankruptcy?
Many Florida residents file for Chapter 7 or Chapter 13 bankruptcy due to mounting credit card debt. But before you seek bankruptcy protection, you should know that depending on how old your credit card debt is, the lender may have no legal recourse against you. This is because credit card debt is subject to… Read More »