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September 2016 Archives

Do I make too much money to file for Chapter 7 bankruptcy?

With an abundance of information on the internet, both reputable and not, it can be difficult to determine if you qualify for Chapter 7 bankruptcy. Many sources speak about the necessity of a "means test" but do not provide actual income requirements.

When medical costs threaten your financial stability

Many elderly individuals depend on Medicare to help them cover their expenses for medication, treatment, and examinations. Unfortunately, more and more of these people are getting hit with surprisingly high medical bills due to the Medicare Advantage program. In fact, many members of the baby boomer generation find themselves filing for bankruptcy as a direct result of Medicare Advantage.