It’s no secret that healthcare costs are extremely high in the United States – and paying medical bills can be difficult. In fact, one in four Americans has struggled to pay a recent medical bill. While anyone could struggle with medical bills and debt, certain groups...
Month: March 2020
Be extra cautious when using credit cards during uncertain times
Millions of people have been or are expected to be affected by the current pandemic. In addition to those diagnosed with the virus, many more will feel financial effects through layoffs or having their work hours reduced. If you are experiencing those repercussions,...
Could COVID-19 lead to more bankruptcies?
Medical bills are already a debilitating burden for many Americans. An estimated two-thirds of all bankruptcies are due to medical reasons – either high costs for care or work time missed – according to CNBC. What’s more, every year more than half a million families...
Car repossession in a bankruptcy filing
When you’re already in debt, it is essential to maintain your current livelihood to keep from accruing any more debt. New cars are becoming less and less affordable for many Tennessee residents, despite the necessity of owning a working vehicle. When this vehicle is...
