Archives for May 2023

Whether married couples decide to file personal bankruptcy individually or jointly can be a complicated question. Sometimes a spouse that has single-handedly accumulated significant debt may wish to file for bankruptcy to discharge debt while their spouse, who has little debt of their own, may not want to be held responsible by taking part in the bankruptcy process. Because marriage conveys joint responsibility for some debt under bankruptcy, it is important to work with an experienced … [Read more...]

A common reason that people file for bankruptcy is because of mounting medical bills. A 2019 NIH study reveals that roughly three fifths of respondents attribute their bankruptcies to overwhelming medical expenses, a trend likely to continue with the costs of medical care rising with more than half of American adults carrying medical debt. As many who have weathered a medical event can attest, it is not just about the medical bill, it is all the other bills that increase or do not get paid … [Read more...]