The 5 Most Common Bankruptcy Myths

Bankruptcy has long been clouded by a lot of myths and misconceptions. Many resist bankruptcy, fearing losing everything they own or being labeled financially irresponsible. But neither of these things is true. In fact, if you find yourself sinking in...

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How to Consolidate Medical Debt

Health care and medical costs are the leading causes of bankruptcy in the United States and the most common form of collection that appears on an individual’s credit report. Recent reports reveal that 17.8%-35% of Americans have accrued medical debt....

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How Does Debt Relief Affect Your Credit

When you’re struggling each month to make payments, debt relief might be your only option. However, you might have heard myths that debt relief will worsen your situation and ruin your credit forever. That’s why you need to understand how...

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What Happens to Your Credit When You File for Bankruptcy?

Many people in debt are hesitant to file for bankruptcy, fearing that doing so will ruin their credit. While bankruptcy can temporarily lower your credit score, it is likely it will go up soon thereafter. With your debts discharged, you...

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