Category Archives: Bankruptcy
Medicare Users and Bankruptcy
Older Americans have Medicare, so medical costs shouldn’t be an issue pushing them into bankruptcy, right? Actually, while we’d hope for that to be the case, it often is not. Coverage Gaps Unfortunately, there have been plenty of gaps in Medicare coverage, leaving many elders with serious financial hardships following a medical emergency. Roughly… Read More »
Bankruptcy May Be A Better Solution Than You’d Imagine
Across the country, bankruptcy threatens families of all stripes. If you have creditors banging on your door and are getting fried by the stress, maybe filing for bankruptcy is a viable solution for you. The truth is, bankruptcy may not be nearly as intimidating a process as you think. Exemptions One frightening thing about… Read More »
The Down Low About Bankruptcy
If you are considering filing for bankruptcy, you already know that financial pressures can have a domino effect on your life. Not only are you stressed about the piles of bills; you dread answering the phone or opening the door, never knowing if it’s a bill collector there to hassle you. Crushing debt can… Read More »
Financial Fragility And Bankruptcy
Many households in America are on shaky ground financially, making the possibility of a future bankruptcy filing all too real on the horizon. With half of households in this country surviving on a month-by month basis, it wouldn’t take much to push one over the edge. How Serious is it? According to recent research,… Read More »
Avoid Bankruptcy Fraud
For people or businesses that have become immersed in debt and who need a way out, the bankruptcy system may be able to help. But the process is complicated, and those who enter the system must be prepared for complete transparency when it comes to their finances. Anyone tempted to misrepresent their financial situation… Read More »
Getting Through Bankruptcy
Hearing that bankruptcy may be your only way to get through your financial difficulties can be an incredible blow. It leaves people feeling a range of emotions, from guilt and shame to anger, depression, and fear. While those feelings may be the natural offshoot of a bankruptcy filing, they are of no help moving… Read More »
Exemptions In Florida Chapter 7 Bankruptcy
If you’ve ever considered filing for bankruptcy, you may have heard stories about having all of your earthly possessions taken away. While it’s true that you will necessarily be parting with a number of things, it’s also true that the law allows you to protect certain property. Bankruptcy is such a huge undertaking: do… Read More »
Bankruptcy And Military Service Members
Three-quarters of a million people file for bankruptcy annually, and ten percent of them are active-duty military members. As a service member, get the facts in order to weigh your options before you make a move toward bankruptcy. Security Clearance Impacts? Certainly, those in the military are entitled to the same rights as any… Read More »
Filing Emergency Bankruptcy
If your financial situation is causing you some stress, you may have considered filing for bankruptcy. In many situations, it’s a good way to relieve yourself of crushing debt and get some peace of mind. But thinking about filing and actually doing it are two different things—and if you put it off for too… Read More »
Bankruptcy And Financial Literacy
Bankruptcy rates are on the rise, and some experts are sounding the alarm about the connection between financial literacy—or the lack thereof—and bankruptcy filings. What are the issues, and how can they be addressed? A Problem for Years A study by the Jumpstart Coalition discovered that the majority of high school students were graduating… Read More »