When debtors choose to file bankruptcy they are often at the end of their financial rope. This could be that they have fallen behind on their utility payments, have no money in the bank or they have lost health insurance for their kids. Below are a list of a few tools that can help bankruptcy debtors financially as they work to get back on their feet:
- When you’re financially strapped, especially if you’re unemployed, paying for simple things like food can seem almost impossible. Texas offers a great food stamps program, where you can receive between $200 to $1202 dollars per month to buy food for yourself and your family. Even if you have cash in the bank and a job, this food stamp program can help supplement your income so that you can buy nutritious food for your family while still paying your bills. Yes, it can be difficult to take help from others while you are rebuilding your financial life during and after bankruptcy, but there is no shame in taking help when you absolutely need it. Visit http://www.hhsc.state.tx.us/help/food/foodstamps/index.html
- Medical coverage is expensive and if you’re unemployed or underemployed procuring medical insurance can seem impossible. As we have said repeatedly here, medical debt is one of the leading causes of bankruptcy. So, if you are exiting bankruptcy and want to get off to the right start; but can’t afford your own medical insurance check out Texas’ Medicaid program. Please do not assume that you do not qualify for this program. The program offers medical coverage for low-income families, pregnant women, children, those over 65 and people with disabilities. You can also apply for Medicaid just for your kids. Visit https://www.yourtexasbenefits.com/wps/portal
- If you don’t have regular access to a computer or the internet, you can also call 211 and receive assistance. The operators will help you find programs that can help you get back on your feet during and after your bankruptcy.