Cancer patients in Arkansas and nationwide, and those with a history of cancer, are more than two times as likely to file bankruptcy than others. Additionally, there are ample reports that indicate that medical bills are a top cause of bankruptcy filings in the United...
Month: January 2016
Bankruptcy gives consumer control in resolving debt problems
It is frustrating for many consumers in Arkansas when a bank makes extraordinary monetary demands when the borrower is out of a job or laid up with a disability. Lower income in the form of unemployment or other benefits won't keep a family financially healthy and can...
Bankruptcy can be the first option rather than the last
The popular layman's advice in Arkansas and all other states is to consider bankruptcy only as a last resort. However, a lot of emotional energy and money can be saved by considering bankruptcy as the first option, according to some debt relief experts. To clarify, it...
Too much debt may point to bankruptcy instead of payment plan
When the debt load of an individual or family residing in Arkansas or elsewhere reaches a certain point, it may be that no comprehensive payment plan with creditors can possibly succeed. The consumer's limited ability to repay in affordable monthly installments, based...