Debt

Question: When will my medical debt be removed from my credit reports? Is there anything I can do to help speed things up? The Coronavirus/Covid-19 outbreak has increased public awareness of how expensive medical care may be for many Americans. According to a recent research by FAIR Health, therapy for an uninsured person hospitalized with […]

The following information is provided for educational purposes only and does not constitute legal advice. You may be facing medical debt if you’ve ever been uninsured, underinsured, or had a high co-pay that you couldn’t afford. But what if you simply refuse to pay? Is it ever going to go away? All of these are

Debt incurred after marriage is usually recognized as distinct and belongs only to the spouse who incurred it in common law states. The only exception is debts that are solely in the name of the spouse but benefit both partners. For example, credit card debt may be included if the card was used to pay

While PayPal does not effect credit on its own, it does operate a subsidiary called PayPal Credit that has a direct impact on your credit score. PayPal Credit is a program that allows PayPal users to extend the time they have to pay off a purchase made with a revolving line of credit based on

The truth is that birth certificates cannot be used to make purchases or to seek savings bonds that the government purports to hold. Furthermore, the phrase “Exemption Account” is a misnomer; these accounts do not exist in the Treasury system. What is the strawman account? Proponents of this plan allege that the US government or

A sole proprietorship is not a legal entity in its own right. If you’re the lone owner of your business and haven’t incorporated or set up a certain type of business structure, you’re most likely a sole proprietor. You and your company are both responsible for the company’s debts. Because a sole proprietorship does not

The debt is either a federal or a state tax debt. Other taxes, such as fraud fines and payroll taxes, are unaffected by bankruptcy. To put it another way, the obligation must be a regular tax payment payable to the state of Wisconsin or the federal government. What debt Cannot be included in a bankruptcy?

If you have a friend or family member who wants to help you with debt from a college loan, medical bill, or just a bad credit card purchase, they can do so if they want to. The following are some of the options available to the friend or family member: Providing you with funds on

The debt does not expire or disappear in most states until you pay it off. Debts can appear on your credit record for up to seven years under the Fair Credit Reporting Act, and in some situations, even longer. If you are sued for a debt that is too old, you may be able to

Student loans effect your credit in the same way that other loans do: pay on time and your credit will improve; pay late and your credit will suffer. Student loans, on the other hand, may provide you more time to pay before being reported late. Can student debt impact your credibility yes or no? Student