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Dealing with medical debt can be overwhelming. It's a burden that many Americans face, and it's important to know you're not alone. At EH Law Group, we're here to guide you through your options, including filing for bankruptcy.

According to a recent report, more than 3.7 million families in California don’t make enough income to meet their basic needs. As a result, many couples in California facing financial distress often turn to bankruptcy to achieve relief.

When overwhelmed with debts, bankruptcy is among the possible options to achieve relief or get a fresh financial start. However, you won't automatically become immune to financial challenges, even after filing for bankruptcy once and receiving your discharge.

It’s an unfortunate reality that employers can lay off workers for all sorts of reasons. And in an uncertain economy, you never know when you might be among them. More than 52,000 California employees were laid off during the first six months of 2023 alone—most of them in the southern part of the state.

Today, many Americans now have access to credit cards, personal loans, and payday loans. While these tools can be a lifesaver during emergencies, many people end up overspending without thinking about what they can actually afford. Unfortunately, living beyond your means can make you rack up debts and put you into financial instability.

Bankruptcy is among the promising options for individuals, families, and businesses going through financial distress to seek debt relief or a financial fresh start. However, filing for bankruptcy in California usually involves several complicated procedures.

According to data from the U.S. Bureau of Labor Statistics, about 16.8 million individuals lost their jobs in 2022. Losing a job can have a devastating effect on your financial and emotional health. When experiencing financial anguish after a job loss, filing for bankruptcy is an option to achieve debt relief.

According to the Federal Reserve Bank of New York, Americans’ total credit card balance stood at $986 billion in the first quarter of 2023, the highest level since they began tracking in 1999. Given these statistics—and taking rising rates of inflation into account—it’s not unusual for individuals and families to suddenly be worried about meeting their credit card and other debt obligations.

Bankruptcy can be a frightening word. Many people equate it with losing everything and never being able to get credit again to buy a car or home. For the most part, those fears are unfounded.

The word “bankruptcy” can send chills down people’s spines, with thoughts of losing everything and permanent financial ruin. When it comes to bankruptcy, there are many misconceptions about the process.