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...
by Richard Weaver | Jul 22, 2015 | Uncategorized
A business owner who decides to file for a Chapter 11 bankruptcy may be eligible for a number of benefits, ranging all the way from protection from creditor harassment, to lowering of interest rates. The biggest advantage of filing for a Chapter 11 bankruptcy is that...
by Richard Weaver | Jul 20, 2015 | Uncategorized
Bankruptcy provides individuals a drastic way of resolving unsecured debt, and dealing with financial problems. Filing for bankruptcy doesn’t necessarily mean that a person is penniless, and scrounging for pennies. In many cases, a person may have enough of an...
by Richard Weaver | Jul 17, 2015 | Uncategorized
No one likes to struggle financially. Not only does it impact the quality of your life, but it also results in a significant loss of self-esteem and confidence. There are ways to look for signs of impending financial catastrophe in your life, and take steps to fix...
