During the first three months of 2018, Americans paid off more than $40.3 billion worth of credit-card debt according to WalletHub researchers. While this may sound like good news, Americans accumulated $91.6 billion in new debit on their credit cards just last year alone. The amount of new credit-card debt accumulated by Americans during 2017 is the highest it’s been…
If you come to find yourself swimming in medical debt, you shouldn’t hesitate to learn more about the steps you can take to find relief. Many people assume that they have to pay their medical bills in full. They don’t understand that they can negotiate, all with the idea of saving money along the way. If you’re ready to negotiate…
For millions of Americans, the skyrocketing costs of medical care make the prospect of recovering from a serious illness or significant injury devastating to a patient’s finances, even if the medical care itself is effective. The sad facts of the matter are that many Americans now must weigh whether they can afford the treatment that is available, no matter how…
When a couple chooses to get divorced, knowing how to handle a spouse’s credit card debt held within the marriage is often very difficult. While this is normal, that does not diminish how vitally important it is to make sure a person understands his or her relationship to their spouse’s debt before he or she rushes into the divorce process.…
As a country, we may seem more divided than ever at the moment, but if there’s any one thing that people seem to all agree on, it’s that medical care is very, very expensive in America. In fact, medical debt is the most common reason that Americans file for bankruptcy. Even if you have insurance, one catastrophic injury or major…
People consider bankruptcy for many reasons, and one of the most common reasons for bankruptcy in the United States today is medical debt. Often, however, individuals consider bankruptcy not because of their own medical debt, but because of the debt of a parent. Before you file for bankruptcy because of a parent’s medical debt, be sure to consult with an…
If you are like thousands of Americans, you didn’t get yourself into an unbearable debt situation through frivolous spending — you simply had bad luck surrounding medical costs. A huge number of Americans are swimming in medical debt that threatens to drown them each month. While the matter remains exceptionally politicized for individuals of every political persuasion, everyone agrees that…
When a person who has accumulated a great deal of credit card debt passes away, the survivors may suddenly be thrust into a very uncomfortable situation. Whether they expected it or not, the decedent’s creditors, or possibly third party collectors, will take many steps to try to convince the survivors of the individual who owed the credit card debt to…
Credit card debt has a way of piling up while you’re not looking and eating up every spare cent of your income once you do see it. Thousands of individuals throughout the country feel as though they are drowning in credit card debt, and understandably so. The good news is that the situation is rarely as dire as it feels…
Did you know that cancer treatments are a leading cause of medical debt in Ohio and across the country? A cancer diagnosis is a devastating thing for anyone to face. Not only is it mentally and physically challenging to fight, but it can also have a significant impact on an individual’s and family’s financial situation. If you or a loved…