Do you know where you want to be in 20 years? What does that picture look like?
When facing debt problems, it is very important to envision what you want your financial life to look like in 20 years.
As a general rule, you are not responsible for the debts of your spouse. Also, if you marry someone you do not become obligated to pay the debts they incurred prior to the marriage.
But there is one major exception to these rules. You
Medical debts account for nearly 62% of all bankruptcy cases filed according to a Harvard study. The actual number may be even higher since medical debts turn into credit card debts and mortgage debts as people try to pay off debt collectors.
“I want to file medical bankruptcy.” I get that phone call a lot. The situation is that many people are current on their house, car and credit card payments, but they were hit by a wave of medical bills and just want