Sawin & Shea
JUNE 22, 2022
Furthermore, in addition to what little savings people have after they retire, social security is also often not enough to help pay even basic costs, such as rent or mortgage, food, car payments, healthcare, and other essential bills and expenses. Pensions have also mostly disappeared or have become significantly underfunded.
Debt Free Colorado
JANUARY 20, 2024
It is crucial to understand the intricacies of bankruptcy and medical debt relief in Broomfield, CO, for a stable financial future. In this article, we will discuss the complexities of erasing medical debt through bankruptcy. Chapter 7 offers discharge for eligible medical bills. Bankruptcy can discharge medical bills.
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Debt Free Colorado
NOVEMBER 28, 2024
The two most common types are Chapter 7 and Chapter 13 bankruptcy. Chapter 7 Bankruptcy The liquidation process is managed by a trustee who sells non-exempt assets to pay creditors. A key benefit of Chapter 7 bankruptcy is the quick discharge of debts.
Debt Free Colorado
JANUARY 27, 2022
A bankruptcy filing is an option for the majority of individuals who are already in financial difficulty long before they file. One factor is the high cost of healthcare, which makes it more difficult for many Americans to pay their bills. Medical debt is the primary reason Americans declare bankruptcy.
Sawin & Shea
NOVEMBER 1, 2023
Rising healthcare costs are continually leaving thousands of Americans drowning in medical debt. For Chapter 7 the requirements are as follows: Your average monthly income from the past six months must be lower than the median income for your household size in your state.
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