Facing a lawsuit for unpaid credit card debts is stressful enough to wipe away your peace of mind and disrupt your life. The resulting garnishing of bank accounts and seizing non-exempt assets can bring your financial life to a standstill or set it in a dooming downward spiral. However, the Federal bankruptcy code provides a way out if… Read More
Medical Debt Bankruptcy in 2013: A Gloomy Perspective
The exorbitant cost of medical care is forcing millions of Americans to file for bankruptcy every year – more than credit card debt or mortgage defaults. Not even those with health insurance are protected from financial hardships – they can barely cover their medical bills. This infographic takes a look at America’s medical debt problem… Read More