by Richard Weaver | Aug 3, 2015 | Uncategorized
Your family will probably not be completely astounded by your decision to file for bankruptcy. Even if you have not informed the children about your financial struggles, chances are that they have noticed that you have been getting harassing calls from creditors who...
by Richard Weaver | Jul 31, 2015 | Uncategorized
In a Chapter 13 bankruptcy, you will pay off your debt based on a Chapter 13 debt repayment plan, that will consider both the amount of debt that you have that must be repaid, as well as your ability to make payments every month. Obviously, it is important for you to...
by Richard Weaver | Jul 29, 2015 | Uncategorized
In such cases, seniors very often see no way out, and use their credit cards to pay their medical bills. This however, can be a mistake, because it increases high-interest credit card bills, which can soon balloon out of proportion, and leave the senior with credit...
by Richard Weaver | Jul 27, 2015 | Uncategorized
Medical debt is the number one bankruptcy factor in the United States, and is an especially strong bankruptcy factor among senior citizens. According to some reports, more than two- thirds of seniors above the age of 65 in the United States, who filed for bankruptcy...
by Richard Weaver | Jul 24, 2015 | Uncategorized
Start a Savings Program There are several ways that seniors can avoid a situation in which they are mired in medical debt. One way is to have an emergency medical fund. Start a savings program much before you reach the age of 65, and keep the fund stocked with enough...
