Health Care Costs Leave Many Overwhelmed By Medical Debt

Health insurers and individuals who do not have health insurance coverage will spent around $2 trillion on health care costs in 2013.  This staggering expense has been the source of medical debt problems for countless Arizona residents. An unexpected medical condition that leaves a person unable to work can quickly lead to unmanageable debt.   [...]

By |2014-09-29T20:44:32+00:00September 29th, 2014|Bankruptcy Attorneys, Chapter 13, Medical Debts|0 Comments

Financial Challenges Associated With 401(k) Loans

A recent study reported that a quarter of the population has borrowed from their retirement accounts. Borrowing from a 401(k) at an attractive interest rate to pay off high-interest credit card debt could make sense, but there are disadvantages. One risk is the loss of asset protection for the 401(k) in case of a personal [...]