Get help with your medical bills with these tips
If you get hurt, the last thing you should have to think about is how you’re going to pay off all your medical bills. In many cases, if your injury is caused by someone else, you’ll be able to make a claim for compensation. When you aren’t able to make a claim, then you’re in
Should I receive a statement after making a debt payment?
Keeping track of your finances is an important way to know if your debts are being paid down. When you have a debt collector trying to collect money from you and you’re paying those debts, you need to have some kind of statement to record those payments. Are debt collectors required to give you those
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
Medical bills counted differently on new credit report scores
Imagine working your entire life to build up a solid credit score. You were preparing to buy a house or to get a new car when you suddenly faced a medical emergency. Now, your hospital bills have arrived and you’re trying to work out how to pay them or cover the debt. The next thing
You can tackle credit card debt with bankruptcy
Credit card debt is something many people in America have. When the economy took a turn for the worse, families found themselves living paycheck to paycheck and relying on credit to get them through life’s unexpected bumps and bruises. As someone who struggles with credit debt now, you fully understand how you got into the
Avoid bankruptcy with debt relief alternatives
Bankruptcy is a word that many people have an aversion to. It is linked to an idea that a person has failed, that debt has taken over and that they have no other option than to get help from the court. In truth, bankruptcies aren’t a sign of failure. They’re a sign that you recognize
Can any tax debts be discharged through bankruptcy?
When you go into bankruptcy, one of the main things you may be struggling with is tax debt. In many cases, this kind of debt can’t be eliminated, and that can make it much more difficult for you to manage your debts in general. If you’re several years behind on your taxes, you could be
Reduce your debts with this easy tips
Reducing your debts is an important part of managing your finances, but if they’ve become overwhelming, you may be starting to consider bankruptcy. Before you decide to take that path, consider a few ways to reduce your debt liability to see if you can pay down your debts on your own. If you can, you’ll