We recently talked about a study that found that 65 to 70 percent of people who will file for bankruptcy this year will do so because of extreme medical debt. The rising cost of health care is causing a huge financial burden for many people in Oregon and across the country. Even people with health insurance are looking for relief from medical debt.
August 2013 Archives
It is no secret that the economy is finally on the mend after several tough years. While this improvement is good news for businesses and families, many people in Oregon and throughout the country are still being cautious with their credit card debt. It seems that people are trying to avoid getting caught with overwhelming debt.
Many people in Oregon are facing credit card debt. Some of these people may be tempted to ignore their credit card payments. If you ignore your payments, however, the credit card company may come after you. Fortunately, there are ways to get out of debt.
Debt can be an intimidating thing to face. Some people choose to deal with their financial challenges by working with a debt relief company. As hundreds of people recently discovered, however, not all debt relief companies live up to their promises.