Detecting Medical Billing Errors Can Help You Reduce Debt Need Help Detecting Medical Billing Errors? We often tell our readers that reviewing their medical bills for errors is essential, that it can help them get payments from their insurance company and save money on medical bills. To learn more about how to reduce medical debt, [...]
Medical Update: More costs likely to be passed on to consumers According to an article this Sunday in the Dallas Morning News, "It's open season, and time to rethink your health plan," this is the year to rework and review your health insurance coverage. Over the last several months, many workers crammed in last minute [...]
Considering filing for Chapter 7 or Chapter 13 bankruptcy in Texas? You may have several questions about how the process works and how it will affect your financial future. Many people assume that filing for bankruptcy will cost them everything they own, but there are in fact several protections available to help filers keep more of their [...]
What can you lose in a credit card lawsuit? Debt can grow out of control for a variety of reasons. An extended illness, a visit to the ER, or a loss of a job can saddle you with debt you can’t repay overnight. Add to this student loans, unsecured debts and mortgage for more than [...]
What are your options when being sued by a debt collector? Being sued a debt collector or creditor can be stressful and intimidating. If you are facing a creditor lawsuit, don’t despair. Letters and phone calls from collectors may leave you feeling down and like a second rate citizen. You’re not. Some collectors — violating [...]
If I Am Being Sued by a Creditor Can Bankruptcy Get Rid of the Lawsuit? Getting rid of a lawsuit in bankruptcy depends on a few factors. One of the main factors includes determining if the liability associated with it is dischargeable. Sometimes a debtor may receive a lawsuit or learn of being sued and ignore [...]
Using Bankruptcy to Stop Credit Card Collections Can Bankruptcy Stop Credit Card Collections? Bankruptcy CAN stop collection attempts from credit card companies that include lawsuits or other forms of legal action. The automatic stay offers protection from collection attempts and stays in place until your case is completed. The stay goes into effect when you file bankruptcy, either Chapter [...]
When you file for bankruptcy, you immediately qualify for an automatic stay against creditor actions. This includes landlords evictions. Depending on why you’re being evicted, the automatic stay can buy you significant time to either come up with money or move out of your rental without being forced out by your landlord. In this [...]
When you file Chapter 13 bankruptcy, this allows you to reorganize your debt and repay your creditors over a three to five year plan. An appointed bankruptcy trustee will oversee the administration of the repayment plan. Below, Reed Allmand discusses the bankruptcy trustee's duties, as well as what to expect when filing Chapter 13. What [...]
Two of the most devastating and overwhelming situations in life are bankruptcy and divorce. Unfortunately, many people who endure the one are also faced with the other. Filing bankruptcy can indicate financial difficulty, which is a leading cause of divorce. If you are fighting with your spouse about money, you are more likely to seek [...]
