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Who Can Declare Chapter 7 Bankruptcy?

Who Can Declare Chapter 7 Bankruptcy?

If you’re struggling with overwhelming debts, Chapter 7 bankruptcy could be your best option. Chapter 7 is the most common form of bankruptcy for individuals and families, and it allows you to discharge many of your unsecured debts within only a few months. Before turning to this option, you need to know who can declare … Read More

Nearly Half of Indiana Facing Medical Debt

Nearly Half of Indiana Facing Medical Debt

Debt is becoming an increasingly serious problem for Indiana residents as well as the rest of the United States. According to surveys conducted by QuoteWizard, almost 80 million Americans have a notable amount of medical debt and 12% of Americans’ income are spent on medical costs. Additionally, around 15% of Americans owe money for medical … Read More

bankruptcy because of medical bills

What You Need to Know About Medical Bankruptcy

As medical costs continue to soar in the U.S., up to 62% of bankruptcies now include significant medical debt. A health event like an accident, disease, or surgery can bury someone in a mountain of medical bills. Many people are turning to medical bankruptcy, which is a bankruptcy that wipes out all bills related to … Read More

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