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Entries Tagged as 'Medical Bills'

3 Ways to Resolve Overwhelming Medical Debt

December 1st, 2011 · No Comments · Medical Debt

Of all the reasons we get buried in debt, medical expenses are particularly frustrating. For reasons beyond our control, hospital bills can add up to thousands, even tens-of-thousands of dollars!

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When Having Bad Credit Isn’t Your Fault

September 29th, 2009 · 1 Comment · Bankruptcy, Credit Bureaus and Scores, Credit Repair, Credit Reports

Many people think that having bad credit is always someone’s fault. In today’s economic environment, foreclosures are happening right and left and the job market is the worst since 1983. As a result of this crisis, the number of people with bad credit (not just a few missed payments) is increasing. Yesterday I listened to [...]

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Medical Bills Account for 60% of Bankruptcies

June 5th, 2009 · No Comments · Bankruptcy

Despite having health insurance, many bankrupt families were overwhelmed by their medical debts, the team at Harvard Law School, Harvard Medical School and Ohio University reported in the American Journal of Medicine. The researchers, funded by the Robert Wood Johnson Foundation, said the share of bankruptcies that could be blamed on medical problems rose by [...]

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When Debt Consolidation Doesn’t Pay

February 9th, 2009 · No Comments · Consumer Debt, Student Loans

If you owe a good bit of money, you’re probably wondering whether or not you should consider getting a debt consolidation loan. In many situations, taking out a consolidation loan is the best way to make progress toward reducing your debt. However, there are several circumstances under which debt consolidation isn’t a wise choice. Two [...]

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