Did you know approximately 41% of Americans have some medical debt? If you are facing medical debt and the amount, along with your other obligations, is suffocating you, it may be time to consider bankruptcy. However, before moving forward and filing for bankruptcy...
Credit Card Debt/Medical Bills
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Does bankruptcy mean that a filer will lose their credit cards?
A successful bankruptcy filing can significantly improve someone's financial circumstances. Bankruptcy can reduce how much someone has to pay toward debt every month and protect their current assets and future income from collection efforts. Those who have acquired a...
Why credit cards make people spend more
Do you ever feel like you spend too much money when you use your credit card? Studies have found that people spend more on cards than they do with cash. This can lead to a lot of potential debt troubles, especially since many cards have high-interest rates. One reason...