Interview on Talk Network Radio

I joined Bold Talk Business Radio talk show host Donna Anselmo for a live stream on  TalkNetworkRadio.com Tuesday, February 15. We discussed issues on the minds of people dealing with debt, especially questions relating to bankruptcy.  The interview will stream again today and Friday in the 1 PM EST time slot on TalkNetworkRadio.com, or you can listen to our discussion right here at SolomitaLawBlog.com.

If you are mired in debt, don’t feel alone. According to a  2015 Pew Research study, only 20 percent of Americans are free from any form of debt. The most common variety is mortgage debt (44 percent), followed by unpaid credit card balances (39 percent), car loans (37 percent), and student loans (21 percent). 

According to a USA Today report (10.12.2016), “Using data from the U.S. Census Bureau and the Federal Reserve, ValuePenguin found that the average credit card debt for households that carry a balance is a shocking $16,048 — a figure that has risen by 10% over the past three years. At the average variable credit card interest rate of 16.1%, this translates to nearly $2,600 in credit card interest alone. And many credit cards have interest rates much higher than the average.”

With “an average interest rate and a minimum payment of 1.5% of the balance, it would take nearly 14 years for the typical indebted household to pay off its existing credit card debt, at a staggering cost of more than $40,200. Keep in mind that this assumes no additional credit card debt is added to the tab along the way,” the report stated.

For more information on debt relief and bankruptcy, feel free to contact me with your questions or concerns: 

Email:  asolomita@solomitalaw.com
Office Phone: 407-545-3625
Address: 12001 Research Pkwy, Ste 236, Orlando, FL, 32826
www.SolomitaLaw.com

Welcome to the Solomita Law Blog

Alec Solomita Head Shot Not only have we just launched a new law practice, but I’m pleased to begin sharing thoughts, news, legal opinions and information with you through our new blog platform. If you like, you can share your own concerns with me, too, via the contacts form at our law practice website, www.SolomitaLaw.com. Also, feel free to share your comments with my readers and me right here on our blog site.

Mostly, the Solomita Law Blog will feature legal topics, but I’ll also address real life concerns. As an attorney, I want to help ensure that you get to enjoy your own life, so I’ve dedicated myself to helping protect my clients, their families, their assets, their reputations, and their legal rights. I want you to have the same protections and rights under the law that I would want for my own family.

Solomita Law focuses on bankruptcy and debt relief while also assisting clients with general legal services. Our experience extends to debt collection and debt negotiation, FDCPA (Fair Debt Collection Practices Act) violations, family law, immigration, and landlord/tenant law. I hope you’ll trust me to answer your legal questions because it’s my goal to help educate legal consumers and citizens. Feel free to submit your legal questions to me via the easy-to-use form at www.SolomitaLaw.com. Or, if you prefer, please reach out by telephone (407-535-3625) or email Staff@SolomitaLaw.com.

Over the years, I’ve worked with many clients who struggle with finances, fear the wrath of creditors, and want to clear a path for financial solvency. I’ve help them find their fresh start, sometimes through bankruptcy proceedings and other times through debt relief strategies. I’ve also helped numerous clients with their respective immigration issues. And I’ve assisted with basic legal concerns as well. If you have questions, I encourage you to learn what you need to know to make informed decisions.

Over my years of practice, I’ve become deeply familiar with the complicated process that the Federal Court requires when filing bankruptcy. To effectively represent clients, I work with each client to explore the specific issues relating to his/her/their qualification for a certain chapter of bankruptcy and evaluate whether and how their assets can be protected.

You might be wondering what kind of lawyer I really am, so I’ll tell you a bit about me:  I make it a point to communicate regularly with my clients and to be as accessible as possible throughout a legal engagement—from the pre-filing stage until a client receives a debt discharge through the courts, or depending on each individual case, reaches another appropriate legal remedy. I also treat clients the way I want to be treated: with honesty, sensitivity, integrity and a commitment to ensuring a positive experience. To learn more about my background, visit my About Page.

We are grateful for the opportunities this practice has already begun bringing people in need of legal support. We appreciate the many gifts of service and support that this new firm represents to me and my family. And we wish you a happy, healthy and prosperous year ahead. Stay tuned …

Welcome to the Solomita Law Blog

Alec Solomita Head Shot Not only have we just launched a new law practice, but I’m pleased to begin sharing thoughts, news, legal opinions and information with you through our new blog platform. If you like, you can share your own concerns with me, too, via the contacts form at our law practice website, www.SolomitaLaw.com. Also, feel free to share your comments with my readers and me right here on our blog site.

Mostly, the Solomita Law Blog will feature legal topics, but I’ll also address real life concerns. As an attorney, I want to help ensure that you get to enjoy your own life, so I’ve dedicated myself to helping protect my clients, their families, their assets, their reputations, and their legal rights. I want you to have the same protections and rights under the law that I would want for my own family.

Solomita Law focuses on bankruptcy and debt relief while also assisting clients with general legal services. Our experience extends to debt collection and debt negotiation, FDCPA (Fair Debt Collection Practices Act) violations, family law, immigration, and landlord/tenant law. I hope you’ll trust me to answer your legal questions because it’s my goal to help educate legal consumers and citizens. Feel free to submit your legal questions to me via the easy-to-use form at www.SolomitaLaw.com. Or, if you prefer, please reach out by telephone (407-535-3625) or email Staff@SolomitaLaw.com.

Over the years, I’ve worked with many clients who struggle with finances, fear the wrath of creditors, and want to clear a path for financial solvency. I’ve help them find their fresh start, sometimes through bankruptcy proceedings and other times through debt relief strategies. I’ve also helped numerous clients with their respective immigration issues. And I’ve assisted with basic legal concerns as well. If you have questions, I encourage you to learn what you need to know to make informed decisions.

Over my years of practice, I’ve become deeply familiar with the complicated process that the Federal Court requires when filing bankruptcy. To effectively represent clients, I work with each client to explore the specific issues relating to his/her/their qualification for a certain chapter of bankruptcy and evaluate whether and how their assets can be protected.

You might be wondering what kind of lawyer I really am, so I’ll tell you a bit about me:  I make it a point to communicate regularly with my clients and to be as accessible as possible throughout a legal engagement—from the pre-filing stage until a client receives a debt discharge through the courts, or depending on each individual case, reaches another appropriate legal remedy. I also treat clients the way I want to be treated: with honesty, sensitivity, integrity and a commitment to ensuring a positive experience. To learn more about my background, visit my About Page.

As Solomita Law wraps up 2015, we are grateful for the opportunities this practice has already begun bringing people in need of legal support. We appreciate the many gifts of service and support that this new firm represents to me and my family. I wish you a wonderful holiday season and a happy, healthy and prosperous new year. Stay tuned …