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May 2013 Archives

Affordable Care Act expected to help with overwhelming debt

One's health is something that is not easily replaceable. Accordingly, people should take whatever precautions are available in order to avoid sickness and injury. However, life is unpredictable and many times a medical emergency is unavoidable. Unfortunately, this results in overwhelming debt from unexpected medical bills for consumers in Texas and in every other state.

Ledgemont Capital files for Chapter 7 bankruptcy

In today's unpredictable and uncertain economic environment, financial firms and banks may end up running into financial challenges. Although there are many things firms and banks can do to minimize these challenges, sometimes a firm's liabilities become too much of a burden in Texas or in any other state. One investment bank, Ledgemont Capital Group LLC, ran into this problem, which resulted in the bank filing for a Chapter 7 bankruptcy.

Tips to avoid overwhelming debt from credit cards in Texas

Although there have recently been some reports indicating a potential economic recovery underway, there are still many signs that the economy is still fragile. Ever since the recession, consumers in Texas and elsewhere have been cautious about racking up any debt on their credit cards. However, many are still unaware of some of the basics regarding how credit cards work, which could cause them to face overwhelming debt problems.

Senator attempts to address overwhelming debt from medical bills

Health is one of the most important aspects of life for a person. Despite this, illness is a fact of life and just about everybody will experience some type of illness which will require medical treatment. Unfortunately, this treatment is not free and could result in overwhelming debt for consumers in Texas and elsewhere. One senator has recently learned that hospitals may be charging exorbitant fees for the services rendered and has decided to take action regarding this issue.

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