From 2020 to 2022, the number of those who had some form of medical debt on their credit report dropped by 17.9%. That's about 8.2 million individuals, according to the U.S. Consumer Financial Protection Bureau's report. For people in California dealing with medical...
Helping With Your Financial Future
Month: February 2023
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Are my retirement accounts protected from bankruptcy seizures?
When you overextend yourself financially and cannot pay your bills, creditors may start filing lawsuits to seize your assets. Under normal conditions, your retirement money may be vulnerable to these claims. However, once you file for bankruptcy in California, federal...
What property can you keep when you file for Chapter 7 bankruptcy?
California residents with massive debt might find that they have no option other than bankruptcy. If alternatives like debt relief are not the answer, Chapter 7 bankruptcy might be appropriate. A notable benefit of going this route is that some property is protected....