If you're in financial trouble but still have a regular income, then you may not qualify to have all of your unsecured debts -- for example, medical bills, past-due utility bills, credit card debt, etc. -- discharged through Chapter 7 bankruptcy. People who qualify...
Eliminate Your Debt - Free Consultation
Eliminate Your Debt - Free Consultation
Credit card debt troubles in the wings in the U.S.?
At first glance, the U.S. as a whole may seem to be in pretty good shape when it comes to credit card debt. Around $32.5 billion in credit card debt was paid off by American consumers in 2014's first quarter and the default rate is currently at a relatively low level,...
On medical debt, and how it can hurt you financially
There are plenty of New York residents out there who have dealt with immense medical bills that have changed their lives almost as much as the medical condition that afflicted them -- and caused them the bills in the first place. Medical procedures and surgeries are...
Could you actually get away with not paying your debts?
It's a hypothetical situation that almost everyone dreams about but very few actually act on: could I simply not pay my debts? What's the worst that could happen if I ignore all of the collection attempts, phone calls and letters? The sad fact of the matter is that...