An uninsured college student with a tonsillectomy; a mother receiving medical treatment for lymphoma; and a retiree overwhelmed with prescription drug costs. Three different scenarios that all have one main thing in common: medical debt. Medical costs in the U.S....
Uncategorized
Can some debts be left out of a bankruptcy?
When you make the decision to file for bankruptcy, you have made the decision to have your debts discharged. You may wonder if there are certain debts you can conveniently leave off your filing. Is your favorite credit card giving you tons of airline miles with every...
Will my ex’s bankruptcy affect me?
Financial problems are common contributing factors in a divorce. If a couple is already struggling financially before a breakup, bankruptcy might seem like the best option before, during or immediately following a divorce. What happens to you if your ex-spouse files...
New game show’s grand prize? Paying off your student debt
The student debt problem in America is heading to prime time. On TruTV’s new show “Paid Off,” contestants will play for a chance to wipe away their college loans. In its own darkly comedic way, this new show is poking fun at a serious issue facing...
Can filing for bankruptcy stop creditors from taking your wages?
Being in debt can feel like drowning slowly in a sea of overdue bills. You want to pay your creditors, but you just no longer have the resources. Just when you think things cannot get worse, you receive a notice that your wages are being garnished. What is wage...
When to file for bankruptcy as a small business owner
As a small business owner, you are often the designer, the salesperson, the accountant, the marketer, and the customer service specialist. With all these different hats, it is no wonder many small business owners get burned out. Burnout can lead to neglecting your...