Bankruptcy

What is the automatic stay in bankruptcy?

Creditors often use frequent communication via calls, email, mail, texts or direct messaging to try to collect debts. If you know that you don’t have the money to pay them while being able to pay for life’s necessities, you may feel stress each time you’re contacted...

The biggest causes of medical debt

The health care system in the U.S. depends on most people having health insurance of some kind. Despite this, millions of people still find themselves in debt after receiving medical treatment. Why does this happen? When it does, can it lead to bankruptcy?...

Is bankruptcy the right option for you?

Filing for bankruptcy is a major decision that requires careful consideration. While bankruptcy can provide financial relief, it has to be the right choice for your unique circumstances. Here are three questions to ask yourself while determining whether or not...

The automatic stay offers several benefits

When a person files for bankruptcy, the court issues an automatic stay. This gives the filer a reprieve from the constant communication from debt collectors. Once the automatic stay is issued, creditors can’t make any collection attempts, including making demands...