Bankruptcy and Medical Bills

Bankruptcy and Medical Bills

No matter where in the world you live, a diagnosis of a life threatening or life altering disease or accident can leave a family and individual shaken to the very core. Having to fight for your own life or for the life of a loved one is truly unimaginable for most people. In the vast  … Read more

  Filed under: medical debt


Do Credit Card Companies Mislead You Into Assuming More Debt?

Do Credit Card Companies Mislead You Into Assuming More Debt?

Everyone understands that credit card companies and the banks that underwrite them are in business to do one thing and one thing only, make money. The days of the community banker who lent money to others in his or her own community to start and maintain business are long over. These individuals had a vested  … Read more

  Filed under: Credit


Can You Go On Spending Spree before Bankruptcy?

Can You Go On Spending Spree before Bankruptcy?

Bankruptcy proceedings, like many things that are misunderstood, are replete with myths and urban legends that are simply figments of someone’s over active imaginations, yet have gained a strong hold in the folklore surrounding the subject. One of the most common myths holds that if you are going to go bankrupt you can go on  … Read more

  Filed under: Filing bankruptcy


Understanding What Exactly Is a Secured Debt

Understanding What Exactly Is a Secured Debt

For many people the notion is that a debt is a debt and there is nothing to distinguish between one creditor and another, but this is an assumption that is incorrect. There are distinctly different types of debt and debtors. There are some debts that are known as “secured” debts that differ completely from other  … Read more

  Filed under: Debt


Reaffirmation Agreement Tips

Reaffirmation Agreement Tips

When you file for a Chapter 7 bankruptcy and have secured personal property loans, you have a choice as to whether you want to relinquish the item be it a car, furniture, electronics or something similar or reaffirm the debt and continue paying for the item even after your discharge. The opportunity to renegotiate the  … Read more

  Filed under: Loans