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...
Month: February 2016
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...
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...
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...
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