Blog posts

    Why Chapter 7 Is Almost Always Better for You – Even If You're Trying to Stop Foreclosure

    Submitted by master on Mon, 08/25/2014 - 14:04

    There is always a choice

    In the Middle District of North Carolina, more bankruptcy filers choose Chapter 13 than Chapter 7 – it's opted for 20% more than the full discharge plan. But is this the best option for the majority of bankruptcy filers? Chapter 13 can be very useful ...

    Proposed Bill Would Make Bankruptcy Easier on Those with Medical Bills, Student Loans

    Submitted by master on Sat, 08/23/2014 - 14:04

    Hospital bills are expensive

    We've written before about how medical costs can drive many North Carolina consumers to bankruptcy. Unpaid medical bills are one of the leading causes of personal bankruptcy and having medical insurance isn't much of a barrier in this respect. According to a Harvard study on ...

    Beyond Bankruptcy Debtor Education - Manage Your Money Better After Bankruptcy

    Submitted by master on Wed, 06/18/2014 - 08:26

    Debtor education courses

    Image source: Flickr Creative Commons via 401kcalculator.org

    As part of the bankruptcy reforms Congress pushed through in 2005 came the requirement that all filers complete not one, but two debtor education courses. The intent of the first course – the pre-filing one – was to ...

    4 Steps to Take Before You File Bankruptcy to Protect Yourself and Your Financial Future

    Submitted by master on Mon, 06/16/2014 - 08:26

    Important Steps

    Image source: Jordan Robinson via Flickr Creative Commons

    Choosing to file bankruptcy shouldn't be an off-the-cuff decision. It's serious and something to be considered when you have no other available solutions to deal with overwhelming debt that you simply can't afford to pay. Once you ...

    4 Ways to Keep Your Prescription Medication Costs from Causing Financial Disaster

    Submitted by master on Sun, 06/15/2014 - 08:26

    Wilson, North Carolina drug store



    Image source: Flickr Creative Commons user Kathy Sunderman



    We've written here before that more than half of bankruptcies and serious financial circumstances are caused by medical costs and chief among these is unmanageable prescription medication costs. Even with the onset of the Affordable Care Act ...