Credit Card Debt/Medical Bills

You may have heard people say they won’t use credit cards because they’re afraid of bankruptcy. They worry that credit cards will create a high level of unaffordable debt, leaving them with no way to escape it without declaring bankruptcy, liquidating assets and...

People are sometimes rather judgmental of others who experience financial hardship. Many people want to tell themselves that those who file for bankruptcy must be irresponsible individuals because they want to believe that they could never be in a situation where...

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...

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...

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...