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September 2019 Archives

How to move on after a divorce

After going through a divorce in Florida or another state, it may be a good idea to talk with a therapist. Although friends and family members may offer advice, a professional will have the experience and knowledge needed to offer quality insight. It is also generally a good idea to socialize with friends, family members or others with whom an individual enjoys spending time. This may make it easier for people to put some emotional distance between themselves and their exes.

Credit card debt growing across the country

Many Florida residents are facing the growing burden of credit card debt balances. The state's residents accumulated the third-highest amount of debt in the country in the second quarter of 2019, adding $2.3 billion to their collective credit card bills. Of course, credit card debt isn't limited to Florida. Across the country, Americans began 2019 owing more than $1 trillion in credit card debt. Nationally, the second quarter brought an additional $35.6 billion in debt, a record for debt accumulation at that time of the year. These numbers were released as part of a WalletHub study predicting that consumers would garner another $70 billion in debt by the end of 2019.

The HAVEN Act extends bankruptcy protections for veterans

Military veterans in Florida and around the country were given some much-needed financial protection on Aug. 23 when President Donald Trump signed the Honoring American Veterans in Extreme Need Act into law. The HAVEN Act changes the bankruptcy code to protect Veterans Benefits Administration disability benefits from creditors when veterans file for personal bankruptcy. Disability benefits paid by the Social Security Administration are already protected in this way.

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