Medical debt is a huge reason why people go into debt. Many people think that they must pay the medical bills off as quickly as possible so they rely heavily on credit cards to make ends meet. If you have medical debt, credit card debt or other debts, you might find that you are facing insurmountable odds for getting it all paid. The thought of being in debt might be consuming your life. We can help you to learn about the options that you have to try to get out of debt. You don’t have to continue to struggle.
Some people think that filing for bankruptcy is defeat. It isn’t. Filing for bankruptcy to help you get out of a financial situation that is ruining your life is a smart decision that can save you a lot of heartache in the future. We know that you might not have ever thought you would be in the situation. It is a difficult place to be, but there is hope.
We can help you to learn about the different types of bankruptcies that are available for personal cases. These are referred to by the chapter in which they are located in the bankruptcy code. We can help you to learn each option.
Most individuals file either Chapter 7 or Chapter 13 bankruptcy. These are very different ways to get out of debt, so be sure you understand the specifics of each so you can determine which option you are comfortable pursuing. You also have to ensure that you qualify for the chapter under which you plan to file.