Americans may face medical debt even with health insurance for a variety of reasons, from high deductibles to uncovered items to billing errors and insurance disputes. Regardless of the reasons for medical debt, Texas residents can face consequences if these...
Helping You Navigate Complex Legal Issues
Month: July 2018
Consequences of only paying the minimum when in credit card debt
It is not uncommon for Americans to carry a balance on their credit cards. Those who are having difficulty with payments may opt to only make the minimum monthly payment on the balance, usually between $20 to $25 or between 1 and 3 percent of the total balance....
Should I pay off my credit card debt with a personal loan?
Most people have a love-hate relationship with their credit cards. These cards are useful when funds are tight, but they can also present a heavy debt burden for the average Texas consumer. Although there are a few smart choices for dealing with overwhelming...
Carrying credit card debt likely not helpful for credit scores
According to a new report, 22 percent of credit card users carry a balance in hopes of improving their credit score. However, carrying a balance on a credit card is not one of the five main criteria for a credit score. Being closer to a credit limit due to...
Putting off Chapter 7 bankruptcy can have serious consequences
The decision to file for bankruptcy is a serious one that people rightfully do not take lightly. While careful consideration is a good idea, procrastinating on filing for Chapter 7 bankruptcy can be a bad decision. There are a few reasons that Texas individuals who...