Dealing with overwhelming debt can be highly stressful. However, there are programs in Florida that may help residents regain control of their finances.
In this blog post, we’ll examine some of the solutions for people in debt who are considering filing for bankruptcy. Knowing your options can be a critical first step toward resolving your financial problems. Whether you are struggling with medical debt, credit card bills or other obligations, this blog will give you a clear picture of the available debt relief options in the state.
Debt relief resources for residents
In Florida, those in debt can access several valuable resources to regain control and improve their finances. For example, the State Housing Initiatives Partnership (SHIP) program aims to help low-income families by providing affordable housing options.
Through SHIP, you can make down payments, maintain your home and make repairs. It also offers grants and low-interest loans to very low-income families.
Another option is to contact the United Way of Florida, an organization supporting the state’s health, education and human service networks. The group helps residents manage debt through community resources, emergency financial assistance and financial education.
With the help of United Way, you may address immediate financial needs like utility bills, food and rent. The organization’s 2-1-1 referral service can also connect you to local resources to help resolve your monetary issues.
Choosing a debt relief program or service
The most appropriate debt relief solution for you, your family and your business will ultimately depend on your needs. Before making a decision, identify your needs and research your options so you can make a shortlist of preferences.
It is also wise to consider the program length and see if it suits your financial goals. Consider reading reviews from other enrollees to get an idea of how the program or service may affect you.
The path toward complete financial recovery will take a lot of work. However, you can always seek help from credit counselors and bankruptcy attorneys who may offer support and guidance as you pursue a fresh start.
