The Great Recession has had a devastating impact on our community. Unemployment in Manatee County remains stubbornly over 9% – worse than the national average – and reached a peak of over 12.5% in 2010. A sudden loss of work forced many to over-rely on credit cards and other high interest, consumer finance vehicles to pay for their daily needs. Such “bridge” financing can quickly become unaffordable, resulting in default and, eventually, litigation and judgment.
Tilden & Prohidney regularly assist clients who are experiencing difficulty repaying their high-interest consumer loans and who are now being pursued by those creditors and lenders. We can help defend you against those claims and negotiate with your creditor’s attorneys to reduce and, in some cases, eliminate your liability.