Month: February 2016
Chapter 7 vs. Chapter 13: The better choice for debtors
Are there any good reasons to file for Chapter 7 bankruptcy instead of Chapter 13? Your attorney may have spoken to you about the differences in the bankruptcy types, and knowing that Chapter 7 bankruptcy is liquidation bankruptcy may make you fear that you’ll lose out. The truth is that Chapter 7 bankruptcy can be
Medical debt: A growing burden in America
Medical debts can be immense, and even when you’re insured, you may find that they’re hard to overcome. How is that possible? Isn’t insurance supposed to keep you out of debt? That’s not always the way insurance policies work, and it’s not really fair for those who can’t afford their medical care and pay their
Credit card debt affects the young in the United States
If you’ve been battling with credit card debt, you may be considering the ways in which you can eliminate it. While bankruptcy and credit counseling are possibilities, the real question is why so many people in America suffer from high debt-to-income ratios. Without the initial debt, many people would be better off and not have
Facts about bankruptcy you need to know
There are several myths about bankruptcy that should be debunked, so you can have a better idea of how to proceed if you want to start with a clean slate. Before you speak to your attorney, understand these facts, so you can be well informed. Everyone doesn’t know you’ve filed Although you may see bankruptcy