Many people think that bankruptcy can only be a result of irresponsible spending, but that is a myth. Sure, we all make bad financial decisions from time to time and sometimes this can come back to haunt a person, but the leading cause of bankruptcy isn't reckless spending. It's medical debt.
Are you facing a lawsuit or being harassed by a debt collector because you're behind on your credit card payments, medical bills or mortgage? If so, it is important that you understand your rights and options.