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Accruing thousands of dollars in debt due to credit card charges, medical expenses and mortgage payments may directly cause significant health risks. Owing unsecured debt, or debt detached from specific property, potentially results in feelings of hopelessness and uncertainty among its victims. As it worsens the health of aging adults, debt may ultimately shorten your lifespan. Bankruptcy could provide potential monetary relief to consumers, and it may just save your life. Older adults are most affected In the United States, adults over the age of

Going through prolonged periods of financial strain can be stressful under any circumstance. Unfortunately, it may take little more than a single medical emergency or sudden change of employment to leave a person facing high amounts of debt. For individuals in Maryland who are able to pay certain amounts of debt but are struggling under the overall weight of financial obligations, a wage-earner plan could help them pursue a healthier financial future. One major concern for many who consider bankruptcy as a viable option may pertain

For small business owners in Maryland and across the nation, the success of their companies could have a significant impact on their lives. Periods of financial struggle can be challenging for owners, and if these issues persist, the future of an enterprise could be placed in jeopardy in the process. To protect a company, a small business owner may find it beneficial to know the steps to take to address monetary struggles, as well as the available options should debts become an issue, such as

It is no secret that dealing with substantial amounts of debt can be a harrowing experience. For individuals in Maryland who are closing in on retirement, financial struggles could pose a significant threat to future plans. Those who are facing similar issues might find it advisable to speak with a consumer bankruptcy attorney for guidance on the potential risks of dealing with debts late in life and the available options with which to pursue relief. According to a recent survey, more than 80 percent of

For many consumers in Maryland and across the nation, the convenience and possible rewards involved with using a credit card for purchases may appear enticing. However, with high interest rates and substantial penalties on late payments, there may be some inherent disadvantages to using a similar form of credit. Credit card debt remains one of the leading causes for financial struggles, and similar concerns have led many to pursue relief through consumer bankruptcy. While a person can use a credit card to purchase nearly anything,

Many companies in Maryland and elsewhere may attempt to provide consumers access to a variety of product brands, some of which could prove less profitable than others. When a business begins to experience significant financial issues, it may seek to regain financial stability by selling the rights to certain brands, but this might not always solve the issues. After reportedly experiencing similar hardships, the apparel company Nine West has filed a petition to pursue reorganization through bankruptcy. According to reports, Nine West provides clients with

There are a multitude of scenarios in which a person in Maryland may begin to experience the trials of financial hardships. Regardless of how it occurs, those who constantly struggle to keep up with monthly payments may find themselves in search of relief, but with numerous available options, they may be uncertain how best to proceed. While many of those who experience severe financial struggles may wish to seek relief through consumer bankruptcy, they may be forced to wait on their tax refund to pay