Medical bills are a huge expense for many people in this country. When these bills are due to an unexpected emergency, they can lead to financial ruin. This is especially true if there are surprise costs associated with the emergency care, which occurs in approximately one out of every six emergency room visits.
For Pittsburgh residents who feel as if they are drowning in debt, Chapter 13 bankruptcy might seem like an ideal strategy to get on stronger financial ground. This is undoubtedly true if the debtor takes the necessary steps to ensure the plan's success. Failure to follow through on the terms of the Chapter 13 could lead to its dismissal. To avoid this, knowing how to make the plan work is key.
Debt is nothing new for college students in Pittsburgh, throughout Pennsylvania and across the nation. While much of the focus today is on student loan debt with legislators and lenders considering ways to ease that financial burden young people face, another issue that is gaining greater attention is the amount of credit card debt students accrue. When stacked on top of the student loan debt, people can find themselves overwhelmed by debt even before they have framed their college diploma and started looking for a job in their chosen career. Understanding this problem is step one. Finding a strategy to address it often requires legal help.