A 2022 survey by the Kaiser Family Foundation has revealed between 2017 and 2022, over 50% of adults in the United States have been in debt due to medical or dental bills. Seventeen percent of adults ..
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Inflation has affected the household budget of millions of Americans. According to the US Bureau of Labor Statistics, since April 2021, the price of groceries and rent have increased by 20%, and elect..
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According to the data provider Epiq Bankruptcy, the number of small businesses filing for Chapter 11 bankruptcy increased by 13% between 2021 and 2022. Businesses like the Pleasant Prairie Corner Bake..
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A bankruptcy trustee plays a significant role in both Chapter 7 and Chapter 13 bankruptcy cases. Appointed by the court, a trustee essentially serves as an impartial administrator whose job is to mana..
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In 2020, a global health crisis altered many aspects of daily life, including bankruptcy laws. As COVID-19 spread rapidly, legislative bodies acted swiftly to modify financial regulations. A host of c..
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In personal injury cases, payouts can be significant. A recent report on personal injury payouts showed: Half of all plaintiffs received $24,000 or less. The median award was $31,000 for all cases stu..
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The average American household has more than $100,000 in debt. While bankruptcy often emerges as a well-known option, it’s not the only path available for debt relief. Debt Management Plans (DMP..
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In August 2021, about 64 million people with a credit record (approximately 28% of Americans) had debt in collections on their credit report. Although the experience of debt collection is not unusua..
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