Florida

Florida is supposed to have the fountain of youth. Its weather and beaches have made it a popular destination for snowbirds. It ranges from bustling city life to the silence of the Everglades. As a result, Florida is ranked #3 for population and #9 for population density.

As of 2017, over 21 million people called Florida home. Jacksonville is ranked as the 12th largest city in the US.

Income

The median state income is $50,860. As of 2018, the minimum wage is $8.25 per hour. Unfortunately, 21.3% of Floridan children under 18 live in poverty. For residents overall, 14.7% of all people in Florida live under the poverty level.

  • Median state income: $50,860
  • Minimum wage: $8.25/hour
  • Children in poverty: 21.3%
  • People in poverty: 14.7%

Homeowners

More than half (64.1%) for Floridians hold a mortgage. The median home price in Florida topped $200,000 (2018) for the first time. Of course, that median price depends on the location with some areas being much higher.

  • Homeowner rate: 64.1%
  • Median home price: $200,000

Employment

Florida has recovered from the depression and the current unemployment rate is 3.9%. However, the underemployment rate is 10.3%. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment.

If this is you, we can help. Pacific Debt offers Florida debt relief solutions tailored to your unique situation and budget. Our certified counselors help you work up a budget, and explain your options.

  • Unemployment: 3.9% (2018)
  • Underemployment: 10.3% (2017)

Florida Debt

Floridians carry a lot of debt. The average credit card debt is $6,388 (2018). The average student loan debt is lower than the US average but is $24,461. When you add all that debt on top of the cost of homes (rental or owned), versus the median income, it is very easy for Floridians to get into debt.

  • Avg credit card debt: $6,388 (2018)
  • Avg mortgage debt: $183,016 (2017)
  • Avg student loan debt: $24,461 (2017) (2016)

Florida Statute of Limitations

Florida’s statute of limitations lays out maximum time periods that debt collectors can take action against a delinquent debt. These statutes of limitations begin on the date that your debt goes delinquent.

For debts taken out in Florida, the following are the statutes of limitations for different types of debt.

  • Oral agreements: 4 years
  • Written contracts: 5 years
  • Promissory notes: 5 years
  • Credit cards and other revolving loans: 4 years

Florida Debt Relief & Debt Consolidation

If you have more debt than you can pay off, Pacific Debt can help you consolidate your debt and learn to live debt free. Since 2002, we’ve settled over $200 million in debt for thousands of clients. We are a nationally top ranked debt relief company located in San Diego.

We will help you work through our proven and comprehensive debt relief program. Your certified debt relief counselor will review all your options. If debt settlement is right for you, we move forward with our debt consolidation program and work to save you money. Pacific Debt can help with most unsecured debt like credit cards, personal loans, medical bills and repossessions.

It is not an easy process and it won’t happen overnight, but you can do it. Pacific Debt will be there every step of the way to help.

Debt Collection Laws

Floridians are protected against unscrupulous debt collectors. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices. In addition, the Florida Consumer Collection Practices Act (FCCPA) adds protections against more types of collectors and actions. If you are a victim of any of these actions, you may take legal action against them.

Overall, debt collectors can NOT:

  • Charges more than 10% interest
  • Garnish more than 25% of wages
  • Use/threaten physical force or criminal tactics to harm you, your property, or your reputation
  • Accusing you of committing a crime for not paying the debt
  • Make/threaten to make defamatory statements to someone else
  • Threaten arrest, to seize assets, or garnish wages, unless actually planning to take such action
  • Use obscene or profane language
  • Cause you to spend money you wouldn’t otherwise have spent (ie long-distance telephone calls)
  • Call you repeatedly or let your phone ring repeatedly
  • Call frequently
  • Contact your employer, except to verify employment or health insurance status, garnish wages or locate you
  • Reveal information about debt to anyone except your spouse or your parents if a minor.
  • Publicly publish your name for failing to pay
  • Send a postcard or letter with revealing information on the envelope
  • Claim to be someone other than a debt collector, including a governmental official
  • Use stationary that appears to be from a law firm
  • Charge you collection or attorney’s fees unless legally allowable
  • Threaten to report you to a credit reporting agency if they have no intention of doing so
  • Send a letter claiming to come from a claim, credit, audit, or legal department unless it actually is

Debt collectors must:

  • Disclose caller identification
  • May contact your family to locate you
  • Must serve you with notice of a lawsuit if suing you
  • Must sue you in the county where you first incurred the debt

Bankruptcy Court Information

Bankruptcy is a legal action that can erase most of your debt, and your credit history. It is not an action to take lightly. If you do, you must follow the following steps in Florida.

Persons filing for bankruptcy must:

  • Complete credit counseling within six months before filing for bankruptcy.
  • Complete a financial management instructional course after filing bankruptcy.
  • Complete a Bankruptcy Act Means Test to determine if you are eligible for a Chapter 7 or 13 bankruptcy
  • Itemize current income sources; major financial transactions; monthly living expenses; debts (secured and unsecured); and property (all assets and possessions, not just real estate).
  • Collect last 2 years of tax returns, deeds to real estate you own, car titles, and loan documents
  • File for bankruptcy
      • Chapter 7 bankruptcy fee is $306
      • Chapter 13 bankruptcy fee is $281
  • Meet with court assigned bankruptcy trustee
  • Attend a Meeting of Creditors
  • Confirm plan if filing for Chapter 13 bankruptcy

DISCLAIMER: We are not lawyers and are not giving legal advice. Before filing bankruptcy, talk to a lawyer in your state.

Better Business Bureau

Pacific Debt is an A+ rated business with the BBB. We have been accredited since 2010. We have received 4.87 out of five stars based on 40 customer reviews with the BBB.

Florida Debt Relief Reviews

by Marilyn
I was amazed at how easy it was to get…
I was amazed at how easy it was to get the program started. The customer representative was very nice and informative. I was very happy with everything especially knowing I can get my financial problems cleared up in two years.
by Customer
Painless Process
Painless process. Reps are knowledgeable and understanding to your specific needs. Answers every concern without talking your ears off. I really like the fact that they will make every effort to help with your financial concerns.
by Customer
Thank you for being there in this time of need!
Thank you for being there in this time of need. I want to pay my bills but I lost my job and can no longer afford to pay them. Thank you !!!

Florida Counties Served by Pacific Debt

Alachua
Baker
Bay
Bradford
Brevard
Broward
Calhoun
Charlotte
Citrus
Clay
Collier
Columbia
DeSoto
Dixie
Duval
Escambia
Flagler
Franklin
Gadsden
Gilchrist
Glades
Gulf
Hamilton
Hardee
Hendry
Hernando
Highlands
Hillsborough
Holmes
Plumas
Indian River
Jackson
Jefferson
Lafayette
Lake
Lee
Leon
Levy
Liberty
Madison
Manatee
Marion
Martin
Miami-Dade
Monroe
Nassau
Okaloosa
Okeechobee
Orange
Osceola
Palm Beach
Pasco
Pinellas
Polk
Putnam
Santa Rosa
Sarasota
Seminole
St. Johns
St. Lucie
Sumter
Suwannee
Taylor
Union
Volusia
Wakulla
Walton
Washington

Are you ready for debt relief help now?

BBB accredited business
BACK
Free Consultation
close slider