Medical debt is well-known as one of the top reasons that Americans file for bankruptcy. Even in cases where it is not the sole issue – i.e. when someone also has credit card debt or other lines of credit – medical debt is often listed as one of the reasons for a...
Month: November 2023
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Why you shouldn’t feel bad about filing for bankruptcy
When asked why they don’t file for bankruptcy, some people say that they just feel bad about it. They do have overwhelming debt. They can see how bankruptcy would be helpful. But they just feel guilty filing because they think that they should instead attempt to pay...