A new study finds that two out of every three American families that file for bankruptcy do so because of high health care costs. The American Public Health Association (AJPH) survey shows 66.5% of all bankruptcies can be tied to medical issues.
The group estimates that an average of 530,000 families files for bankruptcy each year due to high medical costs and bills as well as missing time at work due to medical issues.
A divorce is difficult time in anyone’s life. You are splitting from your spouse and starting a new life on your own. There are many decisions to make, and you want to make sure you are getting started off the right way.
One of your biggest concerns is likely your finances. It is not uncommon for people to struggle financially after a divorce. But if you plan carefully, you may be able to avoid financial struggles and falling into debt.
You work hard for your money, so giving too much of it up to taxes can be frustrating. Thankfully, millions of Americans are going to get that money back in tax returns this year.
If you're feeling desperate for your tax return, keep these tips in mind after you get it to take advantage of the money.
If you’re struggling to afford basic necessities, you may be scratching your head wondering how to spend Valentine’s Day this year without making your financial situation worse.
Here are a few ways you can go on a cheap date that will still be special.
Millennials, Generation Xers and Baby Boomers alike are plagued with debt, as monetary success continues to mount on the procurement of higher education degrees. In fact, the total student loan debt in the United States is 1.48 trillion dollars.
If paying student loans has become more than you can handle, bankruptcy may be a viable option for wiping the slate clean. However, you'll have to fit eligibility requirements under Indiana’s interpretation of the Brunner test.
Bankruptcy has an undeserved bad reputation. Some consider it the worst financial result for an individual. Something to avoid at all costs.
Unfortunately, this reputation means many people who could benefit from bankruptcy won't even consider it.
Filing for bankruptcy can help you get back on track, but it can also be a little confusing to know how to go about it.
Many people file for chapter 7 or chapter 13 bankruptcy, because both chapters can immediately prevent creditor’s collection efforts and wage garnishment.
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