As we've discussed here before, medical debt is one of the leading causes of bankruptcy. Even a medical bill of $2,000 after an insurer has paid its share of your bill can be an unexpected expense that many Americans simply can't handle.Now some hospitals are seeking...
Blog
Month: May 2017
Housing options after bankruptcy
Deciding to file for bankruptcy may have provided you with relief from creditor harassment and the constant stress of incoming bills you are not able to pay. You may be wondering, though, how it will affect your living situation.Although you could choose to rent a...
How to cut back on summer spending
For many people, spending can get out of control, and the credit card debt can sneak up on you. Even if you don't have a big vacation planned, day trips to the beach, summer blockbuster movies, dining out, weddings (with the obligatory presents), tennis lessons for...
Dealing with the emotions from a bankruptcy
Bankruptcy is designed to help a person start over after a financial devastation, but the reality is that many people who file bankruptcy often feel as if it is a moral failure. Emotions can range from embarrassment to depression. Some even resort to suicide rather...
How can I avoid having my home foreclosed on?
If you're struggling to pay your mortgage, you might find some solace in knowing that you're not alone. Each day, countless homeowners face that same dilemma.While you might like to ignore the collection calls, you can't. Not only do you need to have somewhere to...
New Jersey leads the nation in percentage of foreclosures
Residential foreclosure rates have generally dropped to below what they were prior to the recession a decade ago, and they are continuing to fall. However, the good news doesn't extend to all states, including New Jersey.On average nationwide in March of this year,...
Can bankruptcy relieve me from alimony payments?
If you find that your alimony payments are more than you can handle financially, it may be tempting to consider bankruptcy as a way to avoid them. However, that's probably not the best choice.It's essential first to understand the difference between Chapter 7 and...
