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Are There Alternatives to Going to Jail?

The prospect of going to jail is a daunting reality for many facing the legal system. However, it's crucial to understand that, in certain cases, there may be alternatives to incarceration.

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Are Parents Responsible for Their Child’s Crimes?

The heart-wrenching moment a parent discovers their child has committed a crime can lead to a barrage of questions and emotions. Foremost among these is the issue of parental responsibility. Are parents legally accountable for their child's actions?

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Medical Debt and Bankruptcy

The cost of healthcare in the United States has become a large financial burden for many Americans. A 2022 report by the Kaiser Family Foundation revealed that about 100 million U.S. adults (or an estimated 41% of the country’s population) have medical debt. In fact, medical debt is one of the most common reasons for bankruptcy filings in the country.

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Will I Lose My Retirement Accounts if I File for Bankruptcy?

According to a study by the Federal Reserve Bank of Boston, only 35 percent of credit card holders pay off their full balance each month.

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Can I File for Bankruptcy More Than Once?

Filing for bankruptcy can be a challenging and difficult process. However, in some situations, it’s a debtor’s only viable option. In this article, we will delve into the fundamentals of filing for bankruptcy multiple times.

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What You Need to Know About Bankruptcy and Divorce

Dealing with bankruptcy can become an overwhelming experience. Determining your options can be confusing, and decisions can be tough. If you’re considering bankruptcy, you’re not the only one.

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What Not to Do Before Filing For Bankruptcy

If your debts have gotten out of hand and you’re struggling to keep up with the monthly payments – perhaps you pay just the minimum, skip some and pay others, or even pay less than the minimum – know that you're not alone. And you have options to pursue financial security.

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How Bankruptcy Affects Your Spouse

Bankruptcy is a difficult decision to make and can have a significant impact on your finances and credit score. If you are married, the decision to file for bankruptcy can also affect your spouse, even if they are not filing with you.

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When Is Filing Bankruptcy a Good Option?

For anyone who has faced money problems at some point in their life, you know how stressful and overwhelming it can feel. It can often be hard to know the right steps to take to pay off creditors, consolidate your debt, or take the major step of filing for bankruptcy.

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Chapter 7 vs. Chapter 13

When you are facing major financial difficulties, it is important to be informed of your legal options. Filing for bankruptcy could give you the fresh start you need to move forward with your life. There are advantages and disadvantages to the two primary types of bankruptcy: Chapter 7 and Chapter 13.

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