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When Bad Things Happen to Good People ...

Bankruptcy May Be Your Option

February 2014 Archives

78 percent of medical bankruptcy filers had insurance

Filing for bankruptcy, whether under Chapter 7 or Chapter 13, provides consumers with overwhelming debt a way out. Chapter 7 is known as the fresh start bankruptcy because a significant amount of debt can be discharged under this process. Chapter 13 is often referred to as the wage-earner bankruptcy, because it allows an individual to reorganize their debts into a manageable repayment plan based on their current income.

Student loans are student loans, right? Scams prey on confusion

Tuition for higher education, whether at a private college, public university or graduate school, has exponentially increased over the past few decades. While tuition continues to rise, entry-level job opportunities and yearly salaries took a nosedive during the recession.

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