Sure, there are things in life that are simply annoying. They bug you, like nails on a chalk board. Maybe you even think they should be outlawed. But because this is a free country and you might be dealing with a mere pet peeve, there is little you can do to address the matter.
Data gathered from agencies and organizations across the country reveal how many families are struggling with medical bills. Part of the problem is that people are responsible for paying more out-of-pocket costs because of high-deductible insurance plans. To meet their obligations, some will use their savings. Others will use credit cards with high interest rates that inevitably pile up. Eventually the money runs out and the credit cards are maxed, but the pile of medical bills remains. The result is that health care has become the primary reason for bankruptcy in America.
It's no secret that many Louisiana residents struggle with credit card debt. In fact, according to a new report by Business Insider, Ruston, Louisiana, comes in second in the nation for cities with the worst credit card debt among residents. Hammond, Louisiana, is seventh on the list.
Many Americans live paycheck to paycheck, so when an emergency happens, like an expected medical expense or a car repair, they don't have any extra cash to cover it. They may turn to a payday loan for help.
Is your New Year's resolution to finally face your debt? If so, meeting with a bankruptcy lawyer might be the best first step to take.
For a lot of people, bankruptcy is a scary word. The thought of facing overwhelming debt can be terrifying, especially when it means letting other people know exactly how much you owe.
One of the best things a person can do to rebuild their credit score after filing for bankruptcy protection is to open a credit account and use it wisely. However, those who have had financial problems in the past are often offered subprime credit cards, which can lead to even more debt.
For many people facing serious debt problems, the last thing they want to do is take on a complicated legal process like filing for bankruptcy. But the truth is that, with the right lawyer on your side, filing for bankruptcy doesn't have to be stressful.
Everyone knows that medical treatment can be very expensive, even for patients who have medical insurance. This is especially true for cancer patients as new cancer therapies are now between $10,000 and $60,000.
There is a lot of misinformation that gets passed around about bankruptcy. Are you falling for any of the myths that are out there?