On behalf of The Law Office of James E. Goad, PC | Sep 17, 2020 | bankruptcy
You may be one of the many Americans who are able to access health insurance coverage previously out of your reach because of the Affordable Care Act. The expansion of coverage under ACA can help to provide some protection in the event of an unforeseen injury or...
On behalf of The Law Office of James E. Goad, PC | Jul 30, 2020 | bankruptcy
As a consumer, you usually have only two bankruptcy choices: Chapter 7 and Chapter 13. The latter is a reorganization strategy that involves a repayment plan over a period of three to five years. People who make too much money to qualify for Chapter 7 bankruptcy but...
On behalf of The Law Office of James E. Goad, PC | May 22, 2020 | bankruptcy
It is no secret that medical care is expensive, and the costs continue to go up. There is no relief in sight. Even insurance is not enough these days to cover all the expenses if you suffer a serious injury or illness. If you have a chronic condition, you can expect...
On behalf of The Law Office of James E. Goad, PC | Mar 18, 2020 | bankruptcy
Despite a booming economy, many Americans are facing economic struggles. Many of these people are currently in retirement or about to retire. In this demographic, medical debt is often the problem. Health insurance and health care become more expensive as people age....
On behalf of The Law Office of James E. Goad, PC | Jan 25, 2020 | bankruptcy
You do not plan for bankruptcy. You might not even consider it. There can be a stigma to the term as many people may consider it a point of failure to file for bankruptcy when in the face of insurmountable medical debt. It can be disregarded as a tool to assist those...
On behalf of The Law Office of James E. Goad, PC | Jan 30, 2019 | bankruptcy
If you’re having trouble managing credit card debt, you’re not alone. The total amount of credit card debt among American consumers surpassed 1 trillion dollars last year, according to a study by WalletHub. Now that’s a lot of debt. Some card issuers...
On behalf of The Law Office of James E. Goad, PC | Sep 21, 2018 | bankruptcy
American health care is often anything but cheap, which is why it is easy for medical bills to stack up. Especially after a number of costly procedures after an illness or injury, you may be swimming in debt, even if you have health insurance. If you find yourself...
On behalf of The Law Office of James E. Goad, PC | Mar 26, 2018 | bankruptcy
There are many things that could leave you facing considerable debt. Perhaps you suffered a major medical emergency which led to crushing medical bills. Maybe a loss of income through a divorce or unemployment caused your bills and debt to pile up. Or perhaps...
On behalf of The Law Office of James E. Goad, PC | Dec 27, 2017 | bankruptcy
Like so many older Americans, you want to keep your home. However, your mounting medical debt seems to have other ideas. Healthcare is one of the most significant expenses in retirement, and for many seniors, it can get out of control. According to a new study, a...
