Medical debt is leading cause of bankruptcy, even among insured

Medical debt is leading cause of bankruptcy, even among insured

Even with health insurance, medical care in the United States is extraordinarily expensive. When a serious illness or injury strikes, it doesn’t take long for the deductibles, copays and coinsurance payments to add up to the point where they become unmanageable. It comes as little surprise, then, to find that medical debt is the leading…

Chapter 7 versus Chapter 13 bankruptcy: Which is right for you?

Chapter 7 versus Chapter 13 bankruptcy: Which is right for you?

In these tough economic times, thousands of Americans are finding themselves overwhelmed by debt. While it is always a challenge to overcome financial difficulties, there are built in protections in the U.S. Bankruptcy Code that can help you wipe out your debt and get a fresh financial start. Yet, even though almost everyone has heard…