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Can Creditors Garnish My Wages in Florida?

Yes, Florida law does allow creditors to garnish your wages. However, a creditors’ right to garnishment, and the amount they’re entitled to garnish, hinges on whether you qualify as a “head of family” under Florida statute 222.11. The Florida statutes define a head of family as “any person who is providing more than one half…

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Chapter 7 Bankruptcy in Florida: What You Need to Know

Florida is known for a popular amusement park, warm weather, beaches, and its population of American alligators — the latter of which was designated as the state’s official reptile (and unofficial general state symbol) in the 1980s. In fact, Gatorade was named after the University of Florida Gators, where the sports drink was first developed….

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Should I Sign a Reaffirmation Agreement?

ContentsSigning Reaffirmation Agreements: A Good Idea?What happens in Bankruptcy?What is a Reaffirmation Agreement and how does it work?Should you sign a Reaffirmation Agreement? Signing Reaffirmation Agreements: A Good Idea? Your mortgage lender is demanding that you “reaffirm” a mortgage note on your residence in your bankruptcy case. Should you agree to do so? First the…

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Debt Settlement Tax Consequences: Three Rules to Remember

If you find yourself deep in debt, and are exploring your options to get out, the odds are you’ve considered both bankruptcy and debt settlement. Most consumers don’t realize that debt settlement carries with it significant tax consequences. In order to help you make a more educated decision, there are three rules you should be…

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Ever Wonder Why Credit Card Companies Can Charge Such High Interest Rates?

Why Credit Card Companies Charge Such High Interest Rates The short answer is because corporate profits and corporations in general are favored over protecting the individual from harm these days.  Below is only one court decision in the long dismantlement of individual rights in favor of corporate rights.  Every state, well, every state used to…

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Do You Have Too Much Debt? Know the Signs…

ContentsDebt isn’t always a bad thing, but be careful about taking on too much…Have you been denied new credit?Are you late on payments?Are creditors or debt collectors calling you at home?Do you have savings?Do you ever pay down debt?Is debt constantly on your mind?Is your health suffering?Conclusion Debt isn’t always a bad thing, but be…

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