Month: August 2015
Why is my medical debt so high when I have health insurance?
With health insurance, you wouldn’t think that you’d be left with high debts for surgeries or other medical care. Unfortunately, health insurance policies aren’t all equal, and some come with high deductibles or low payout limits. It’s been estimated that around one in three people struggles with paying medical bills in the United States, and
Non-exempt versus exempt assets
Exempt property is property that can’t be touched by a bankruptcy, which allows you to keep it and rebuild your life from an established point. So, that means that if you file for bankruptcy and have to liquidate your assets, there are some assets you’ll be able to keep and protect in order to prevent
Your credit score and settling debts
Does debt settlement affect your credit score? Yes, but you may be interested in how it does, because it’s not as obvious as you may think. With debt settlement, you pay a portion of what you owe instead of the full amount that you owe. It’s normal for your credit to take a hit after