You pull the mail out of the box, and there they are: the post-Christmas credit card bills. As much as you'd like to, you can't put them in the shredder or hide them under the stack of papers on the kitchen table that you won't unbury until about the same time the Ohio snow melts this spring.
That gallbladder attack that led to the emergency surgery to remove your gallbladder hurt.
Are you struggling with insurmountable debt but are worried you will lose everything if you decide to file for bankruptcy? Don't let your fears stop you from getting the fresh financial start you desperately need - especially since you may be able to keep much of your property following the bankruptcy process.
One of the greatest fears people have about filing for bankruptcy is the mistaken belief that they will lose everything, including their homes. However, this belief could not be further from the truth as many people are able to protect most of their assets while simultaneously eliminating mountains of debt.
According to some estimates, student loan debt in the U.S. now stands at $1.3 trillion - and growing. With such large amounts of crushing debt hanging over their heads, it is no wonder why many college students and recent graduates feel like they may never get ahead. However, for some, relief may be available through bankruptcy.
Many people, particularly those who live "paycheck to paycheck," can find themselves in a financial bind if an emergency arises like an unforeseen medical bill or a vehicle, auto or home repair. Sometimes, the money to pay for these unexpected expenses simply isn't available, so, lacking credit to get a traditional bank loan, they'll turn to unscrupulous sources like payday lenders.