With today’s economic conditions, serious injuries or illnesses can cause serious financial upheaval. Prolonged ailments requiring long recovery periods can deprive people of their ability to earn a living. Many working Americans have health insurance through their employment, but more often than not, such coverage does not cover mounting expenses caused by serious and prolonged illnesses.
Real Stories about Medical Expenses
This has been a tough flu season in many parts of the country. When the flu or some other illness cuts through an area, it can leave many people with unexpected health care needs. This could include needing an ambulance or care at an emergency room. These care needs can have a variety of expenses attached to them.
Having credit card debt does not mean that you are a failure. Although credit card debt could arise from risky spending habits, it can also accumulate simply from purchasing groceries and keeping the lights on in your home. You aren’t a bad parent or spouse for doing your best to provide for your family despite financial strain.
Actually, this type of debt is a national problem that rose significantly during 2017. Last year, the total amount of unpaid funds finally exceeded a trillion dollars, which works out to about $16,883 in debt per American household. This does not even count other kinds of debt, such as medical bills or student loans, which often accompany high credit card balances.
If you have recently been through a divorce, you know how much your life has change. Perhaps one of the changes that you were hoping for, relief from debt, hasn't happened to your satisfaction. Divorce and financial stress are closely related so this situation is very common.
If you are looking to start your life over and are considering bankruptcy after your divorce, there are many things you have to consider. It's not always an easy process and it may or may not be right for your situation. It's always best to have an attorney who is skilled in bankruptcy and family law to help you through the process.
Everyone goes through periods in life when cash at hand isn't enough to cover expenses. Whether facing a lay off or an unexpected medical expense, if bills are piling up you may be looking at alternative ways to quickly get additional funds. Best advise is DON'T do a Title Loan. Title and Pay Day loans are one of the quickest ways to find yourself in bankruptcy. Best advice is to start an emergency fund for yourself today. Just $10.00 per week is a great start. Start it and don't touch it.
If you are in the middle of a divorce at this time of the year, no doubt you have felt stressed at some point or another. After all, Valentine's Day and a divorce are two big events on their own. But when they happen at the same time? You have to deal with the potential for emotional turmoil as you see marketing messages and friend's social media posts espousing love.
During a divorce, you may feel downright overwhelmed. Fortunately, there are a few strategies that you can use to cope during this complicated time. Below, we have compiled a list of four tips for you to follow.
You spent a lot of time and effort working with your spouse to build a successful business. But now, an event has happened that has thrown the future of the business, and your role in it, up in the air. You and your spouse are divorcing.
When a married couple that also runs a business together gets divorced, among the big issues to tackle in the divorce is what will happen with the business. As a NerdWallet article notes, there are multiple ways this issue could be resolved.
When owing a large sum of money, people look for solutions that can help them work through the debt they owe. One option that people may investigate is a debt settlement service.
One point of confusion that some people have is they will conflate debt settlement with bankruptcy. Bankruptcy is the legal process of having some of your debt discharged. Debt settlement, on the other hand, may reduce the amount you owe, but does not necessarily discharge the debt you owe.
Couples divorce for many different reasons. Stress and resentment are two factors that can play into the decision to divorce. If you and your spouse are struggling financially, that burden can become almost unbearable. Divorce in itself can be an expensive process. Getting a divorce while already struggling with financial issues can be arduous. The weight of the stress may make you become resentful. It will be hard, but try not to place blame.
Bankruptcy is filed to protect income and property from being taken by creditors.
It is tough when our children get sick. You never want to see them in pain. It can feel almost helpless as a parent when children fall ill. You do anything and everything you can to help them feel better. You take them to the doctor, give them medicine, comfort them and follow up as much as necessary. Unfortunately, getting sick can come with a hefty price tag. You will spend any amount of money to help your child feel better, but knowing that bills are stacking up can be extra daunting.
As the medical bills for your child arrive, you can take action to help lessen the burden.
Bold labels are required.
Wiechman & Gasper, P.A.
1101 SW 10th Avenue
Topeka,
KS
66604
Phone:
785-379-6642
Fax:
785-233-8893
Map & Directions