Millions of Americans are crippled by credit card debts & medical bills. Especially for single parents, paying only the minimum payment will make only the slightest dent in the principal balance. You can make your minimum payment for years and make little or no progress. This situation is only made worse by the unfair fees and default interest rates imposed by the credit card companies.
How Filing for Bankruptcy Can Help You With Credit Card Debts & Medical Bills
Bankruptcy can free you from the shackles of debt. If you have an unmanageable debt load and are falling farther and farther behind each month, Bankruptcy may be the solution to your never ending cycle of debt. Filing for bankruptcy can completely wipe out many forms of debt, including credit card debts and medical bills. You may even be able to eliminate Income Tax debts, under certain qualifications.