Unpaid Medical Bills Lead Many Consumers to File for Chicago Bankruptcy
Coping with health issues is undoubtedly stressful, emotionally and financially. Now it appears that doctors and hospitals are putting salt on our wounds. Hospitals are kicking unpaid medical bills to collection agencies, wrecking patients’ credit in the process, according to a recent Associated Press story. Increasingly, those filing for bankruptcy cite medical bills as the [...]
After Bankruptcy Filing, Beware of Phony Debt Collectors Who Threaten Arrest!
Folks frequently come in to talk about bankruptcy and are very concerned that an arrest warrant may be issued as they havent paid their debts either before filing bankruptcy or even after filing for bankruptcy. They have heard about phone calls or emails from debt collectors (or have even gotten those kind of threats) where [...]
Reaffirmation Agreements for Multiple Mortgages Approved by Ohio Court
Reaffirmation Agreements in Bankruptcy Although most consumers file bankruptcy, eliminate their debts and dont look back, some find it more convenient to keep paying on loans that were in place prior to their bankruptcy. Some go as far as to renew their obligation to pay loans that would have been discharged in bankruptcy. This is [...]
Update: Arizona signs $25 billion foreclosure deal
Last week, the states and the five major banks finally reached a settlement agreement concerning widespread abuses in the mortgage industry and fraudulent foreclosure practices. According to reports, the attorneys general of more than 40 states and the banks implicated in the scandal — Wells Fargo, JPMorgan Chase & Co., Bank of America, Ally Financial [...]
Consumers With Bad Credit Could Benefit From Chicago Bankruptcy
A recent study of 100,000 people found that e-mail address says a lot about a person’s credit score. Credit Karma, a service that provides free credit scores, studied its database and found some interesting things regarding the average credit scores based on people’s e-mails. While credit scores aren’t determined by which e-mail server you use, [...]