medical debt

How Medical Debt and Bankruptcy Are Related

The coronavirus pandemic has only compounded the already stressful healthcare costs with which many Americans have already been faced. With many people being terminated from their jobs or losing significant business due to COVID-19, and many of those same families dealing with increased costs in medical care, far too many families in the U.S. are…

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Woman holding her credit cards at the store.

Can Credit Card Debt Cost You Jail Time?

As the coronavirus pandemic continues to plague the world, many things have changed in an effort to protect the safety of American citizens. One thing that you may have noticed is that many businesses are now requesting that you use a debit or credit card for purchases. Additionally, with the increase of online purchases over…

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Woman calculating her finances to qualify for chapter 7 bankruptcy.

Who Can File for Chapter 7 Bankruptcy?

Chapter 7 bankruptcy has the potential to give a debtor a fresh start. A fresh start means a new financial beginning free from most, if not all, of your outstanding debts.  This can be an appealing option, especially in today’s climate. After an individual debtor receives a Chapter 7 bankruptcy discharge, the only debts that…

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