Over 65 and broke: Don’t feel guilty.  “The number of bankrupt older Americans has surged in recent years, a sign of widespread financial distress and a shrinking social safety net”, according to a research study recently released.  In the study of bankruptcy filers it found using data, from the Consumer Bankruptcy Project, more than a…

Read More

Many times I am asked do I need credit after bankruptcy?  If you have just filed a Chapter 7  or Chapter 13 bankruptcy due to financial problems with credit, creditors and/or credit cards or overwhelming medical debt you may have said to yourself that you will never no way no how use credit again. Most…

Read More

Medical debt is on of the most common reason that people file for bankruptcy. It even surpasses mortgage debt and credit card debt. Bankruptcy with medical bills occurs when the price of treating a disease, injury or sickness becomes greater than what the patient is able to pay. Even some individuals with medical insurance have…

Read More

Having overwhelming medical debt is a leading factor that leads to people needing to file a bankruptcy in Utah. In the majority of cases I see this arises from the failure of the debtor to have medical insurance. Even if you have medical coverage it is possible to run up huge medical debts your insurance…

Read More