Archive for March, 2008
Thursday, March 27th, 2008
Perhaps you are unaware or maybe you have indeed heard the statistic that 50% of all personal bankruptcies are caused due to medical bills. Often, far too often the folks actually had medical insurance, but the co-pays, deductibles or items not covered exceeded the ability of the patient or the patient’s family ability to pay. Most of these medical debtors were not lower class, rather middle class. The upper middle and upper class was able to weather the storm and onslaught of medical bills much easier. This tells us one thing, it tells us that the healthcare system is out of control and completely broken.
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Wednesday, March 26th, 2008
Considering declaring bankruptcy to erase your debt? The Dolans walk you through this tough decision and what to look for in professional help.
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Tuesday, March 25th, 2008
The bankruptcy laws are quite complicated and that has led to several misinterpretations among people. Especially, after the introduction of the new laws, these laws have become more complex than they were previously.
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Tuesday, March 25th, 2008
Bankruptcy records will be made public and will remain on your record for about 10 years. Your records will also be available to bankruptcy marketing services. These companies will find and place your name on a bankruptcy mailing list. This list will also be sold to other bankruptcy marketing service companies across the country as well to internet marketing firms. Your new no debt status is considered a gold mine to these marketers.
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Tuesday, March 25th, 2008
When it comes to bankruptcy information, it is imperative that you understand that the more informed you are, the more accurate would be the made decisions. Following are some of the most frequently asked questions in this regard.
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Tuesday, March 25th, 2008
Bankruptcy is a very difficult process but at times it is the best solution to financial difficulties. Prior to making any rash decisions it is important to consult with a bankruptcy lawyer or someone who is an expert in this area. There are many questions that need to be addressed before any course of action is chosen.
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Tuesday, March 25th, 2008
The economy is heading south, foreclosures are at an all-time-high, and if you are under serious financial pressure with the walls closing in, you’re not alone. In short, there are a number of factors in today’s economy that individually would not be of much significance to your financial situation, but this year they may all come into alignment to create financial hardships for millions of hardworking Americans. Despite the optimistic Congress that may generously be rebating you a few extra tax dollars out of the governments pocket this year, the “economic stimulus” package will not keep you out of bankruptcy.
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Monday, March 24th, 2008
Is bankruptcy for me? What is chapter 7 and chapter 13? How will bankruptcy effect any taxes I owe? Are there other options to bankruptcy? How will bankruptcy effect me?
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Monday, March 24th, 2008
Shortly after a bankruptcy discharge a bankruptcy marketing service will soon find your name in the courts published records. Your name will be added to a list of recent bankruptcies which they compile each week. This list is in turn sold to other bankruptcy market service companies that will begin to send you credit card offers and consumer credit offers.
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Monday, March 24th, 2008
The official declaration by a person of being insolvent is known as bankruptcy. It is a very multifaceted, intricate and a problematical legal process. Hence, in such a case, it is always advisable to seek for an advice of an accomplished and veteran lawyer specializing in bankruptcy cases.
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