Even if you have comprehensive health insurance coverage, you could still find yourself bogged down by a large amount of medical debt. Rather than panic and assume that you have to pay all the money at once, there's another option to consider: Negotiate medical debt...
Uncategorized
Could filing bankruptcy improve your business?
Many entrepreneurs struggle with managing the financial stress of running a business. It often takes a tremendous amount of resources to get a company off the ground. And maintaining an online presence, satisfying customer needs and purchasing supplies can create a...
Why you shouldn’t always fear bankruptcy
Most people are terrified of the prospect of bankruptcy. Between the possibility of reputation damage and long-term financial ruin, many people are extremely reluctant to even contact a lawyer, much less pursue the actual possibility of filing for bankruptcy. However,...
Do not become a sub-prime auto loan statistic
You want a car. In fact, you probably need one. But, like most people in our country right now, you can’t afford one and you are having difficulty obtaining credit to get the car you need. You are not alone. This is a common scenario for many would-be car...
Pick up the pieces after bankruptcy: It is possible
For many people facing serious financial challenges, the thought of bankruptcy is bleak: They think they will never again be able to obtain credit, they will never get into a decent home or have any kind of normal life. It is true that you will have to liquidate some...
Gaps in healthcare legislation
As Tennessee, and most states for that matter, seek to improve the health care and insurance costs for its citizens, there are considerable dangers involved. One of the most common dangers can be seen in Texas – an effort to improve the healthcare costs...
Can an LLC bankruptcy impact your personal assets?
As a small business owner, even allowing yourself to think about bankruptcy can be nerve-wracking. You've likely put blood, sweat, tears and countless hours into launching and running your limited liability company. But for whatever reason, you're having trouble...
Bankruptcy vs. debt consolidation: the pros and cons
Your business has had a few down years and the debt is stacking up. The bills for your surgery are astronomical, the car just died, and your credit card debt is getting out of control. For many, these situations are a reality and can be suffocating. The amount of debt...
Can your employer provide debt relief?
Employers across the United States have started to offer student debt relief benefits to their employees. Student loan assistance started as a niche offering by a handful of companies and has grown in recent years. This benefit has been helpful to employees...
Bankruptcy and Divorce: What you need to know
Often divorce and bankruptcy are intertwined. Nearly 22% of marriages that ended in divorce, reported that money issues were the main reason for their divorce. If you and your spouse are struggling financially and are considering both bankruptcy and divorce, you may...