Attorney Jeffrey S. Badgley named to Million Dollar Advocates Forum

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The Million Dollar Advocates Forum is pleased to announce that attorney Jeffrey S. Badgley of Orlando, Florida has been certified as a member. The Million Dollar Advocates Forum is recognized as one of the most prestigious groups of trial lawyers in the United States. Membership is limited to attorneys who have won million and multi-million-dollar verdicts, awards, and settlements. The organization was founded in 1993 and there are approximately 5000 members located throughout the country. Fewer than 1% of U.S lawyers are members.        Continue Reading

New Prepaid Card Regulations Protect Consumers

As technology elbows its way into financial payments, cash and paper checks become relics of the past. Employers pay employees not by writing checks but by loading money onto their prepaid re-loadable debit cards. Students receive their financial aid and meal plan swipes on their student ID cards. The government pays Social Security, SNAP, and other transfer or welfare payments through prepaid cards. Parents give their children prepaid debit cards as flexible gifts that let them pay with plastic well before they are of age to get credit cards.        Continue Reading

How to Prevent Infant Drowning in Florida

Many families from across the country come to Florida to enjoy the year-round warm weather and water. Florida is one of the most popular destinations for aquatic sports and swimming, but unfortunately, it is also the most dangerous to young children and infants. According to data from the United States Swimming Foundation, Florida led the nation with the most child drowning deaths in 2017, with a total of 51 fatal child drowning incidents in pools or spas.  In child drowning deaths, over eighty percent involve children under the age of 5. Nationwide, drowning is the leading cause of accidental death for children ages 1-4.         Continue Reading

Orlando homeowners in foreclosure find comfort in another study

Many Orlando residents are considering “strategic default” and voluntary foreclosure to fix their “underwater home” problem.  Earlier this week I reported on a survey by the National Association of Independent Landlords, showing that most non-corporate landlords are OK with renting to families and individuals who have lost their homes to foreclosure, if it was an isolated event and they showed an otherwise good track record of paying their bills on time.  Now, another study confirms that creditors are now beginning to take into account the deepening mortgage foreclosure crisis when assessing the credit worthiness of borrowers.  Credit monitor TransUnion reports that those who only default on mortgages are less likely to default later on new car loans or credit cards than are people who default on mortgages and at least one other debt at the same time.  This was the result of a study, entitled “Life after Foreclosure,” on 129,000 homeowners followed over a 12 to 17 month period.  The study found that credit scores for mortgage-only defaulters bounced back quicker, with credit scores rising a median 8 points 12 to 17 months after defaulting on a mortgage. The results of this study were similar to a study performed by credit monitor FICO, which last month reported that mortgage-only defaulters were savvy about credit, with better credit histories than other mortgage defaulters.        Continue Reading