As it stands, a full 62 percent of all bankruptcy filings in this country are caused by medical bills.

Post-bankruptcy debtors must realize that dealing with the credit card industry is much like a game of musical chairs. Just when you think you got it all covered, the music stops or suddenly changes.

Some are suggesting that debtors skip the expense of working with a bankruptcy attorney and do a DIY bankruptcy filing Pro Se.

The CARD Act was suppose to put a lid on the virulent marketing of credit cards to young people but according to some experts, the situation has not improved much. Young people are still in debt with credit cards and credit card companies are coming up with creative ways to bilk the youth of their last penny.

Despite the bankruptcy headlines which focus on the bankruptcy filings of the rich and famous, bankruptcy is not the domain of the “well-heeled” or even of those people who are upper middle-class.  A matter of fact, bankruptcy is well suited for those people who are truly low-income, surviving on low-paying jobs and those debtors who [...]

Debtors over 65 years old are the fasting growing group of bankruptcy debtors in America.  Their growing numbers are shocking for some economists; but the reality is that it is just a matter of fact that the current debt load of our society is weighing down heavily on many of our most vulnerable populations, especially [...]

While large banks and corporations use bankruptcy to get ahead, many ordinary Americans are missing out on their right to discharge debt they simply cannot pay and get a fresh financial start.  Too many Americans who need bankruptcy the most are failing to file.  Why?  There are many reasons. The most noted reason is the [...]

Credit card companies pursuing “new tricks of the trade” to turn a profit.

Families struggle after foreclosure, bankruptcy could have been a better option

Do All Signs Point to Bankruptcy? Several common warning signs to recognize whether bankruptcy may be your only option.