Whatever you think of bankruptcy, you might have a few of the details wrong. It's understandable. We don't tend to give it a lot of thought until the day it matters very much to us. Bankruptcy can be scary because we often don't know someone who's been through the process. Relying on friends for advice won't help, especially if we're too embarrassed to ask.
Many people in Florida are struggling to pay their medical bills. Health care costs are increasing faster than wages, and the unemployed have little to no income to spare. Millions of people resort to filing for bankruptcy just to get the collection calls and bills to stop. In an effort to save money, many people are putting themselves at risk of more health problems by forgoing their medical treatments and medications. If you find yourself losing sleep at night because of your financial situation, there are some steps you can take to lower your medical debt or eliminate it completely.
Homeowners in Florida who are living with the constant threat of foreclosure looming over their heads are struggling to keep themselves afloat financially. Changes in income and employment and mounting debts can lead to feelings of despair. If you have already fallen behind on your second mortgage payments, you may be able to prevent your lender from foreclosing on your home with bankruptcy by filing to have the lien stripped.
Many people in Florida are experiencing financial difficulty and are being sued by their creditors. As tempting as it may be for you to ignore all correspondence from them, a lawsuit is one form of communication you should never ignore. Knowing what to do if you are being sued by a creditor can keep you from making your financial situation more complicated.