Filing for personal bankruptcy can be a good way to get out from under crushing debt, but some types of debt are more difficult to discharge than others. Student loan debt can be especially difficult to escape, but it can be done. The student loan mess Increasingly,...
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Must you have a certain amount of debt to file bankruptcy?
A job loss, medical problems, failing commercial venture or other unexpected event can cause your bills to mount up. If the burden becomes so great that you cannot cover your debts, you may be thinking about bankruptcy. This option can provide relief from relentless...
Medical debt and personal bankruptcy
Americans spend trillions of dollars on health care every year and medical debt is one of the leading causes behind the number of Americans filing for personal bankruptcy. In fact, some studies have found that it is a factor in two-thirds of all personal bankruptcy...
What debts are nondischargeable in bankruptcy?
Filing for bankruptcy could be a stressful process. It could involve a series of procedures, such as filing a bankruptcy petition with the court. All these steps are necessary to organize and resolve debts or repayments. A vital part of this process is determining...
Will my credit score drop to zero after I file for bankruptcy?
During this time when creditworthiness holds considerable sway over financial well-being, it is only natural to worry about the repercussions of bankruptcy on your credit score. After all, your credit score serves as a critical measure of your financial reliability....
Will I be able to get another loan after a Chapter 7 bankruptcy?
If you have filed for Chapter 7 bankruptcy in Indiana, you may wonder if you will ever be able to get another loan. The answer is yes, but it will take some time and effort on your part. Here are some tips on how to rebuild your credit and qualify for a loan after a...
Dealing with property prior to bankruptcy
When some people deal with financial uncertainty and the prospect of bankruptcy, they believe they should give away as much property as possible. After all, if it is just going to be sold to pay off credit cards, it is better to give it away to family and friends,...
Excessive holiday spending can cause credit card woes
Whether you braved the crowds on Black Friday or shopped from the comfort of your home on Cyber Monday, it is likely that you spent your fair share of money on holiday gifts and used a credit card to purchase these items. The problem with excessive holiday spending...
Rebuilding your life after bankruptcy
You finally decided to take the important step of filing for bankruptcy, completed all the steps and your bankruptcy is now finalized. Now you are wondering what exactly your life will look like. Chances are, you are not only relieved about no longer having to endure...
Study shows medical debt affects your health
Many Americans struggle under the crushing weight of medical debt. We count on our doctors and medical systems to keep us healthy, but the cost of care is often outrageously expensive. Medical debt can occur slowly over time, if you suffer from a chronic illness that...


