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Medical debt is one of the leading causes of modern bankruptcy. Even people with good health insurance may end up facing major medical debts due to coinsurance, uncovered treatments or out-of-network care. Over 100 million people in the United States have medical...
Any dwelling unit is likely to develop wear and tear due to the regular use of its occupants. Typically, landlords have to accept the age and use-related degradation of their facilities. Eventually, they may have to replace a refrigerator when it stops working due to...
In Massachusetts, landlords have the right to raise rent, but they must adhere to specific rules and regulations designed to protect both the landlord's and the tenant's interests when doing so. Understanding the circumstances under which a rent increase is legally...
Chapter 13 bankruptcy is a very common option selected by those with high levels of debt and concerns about their finances. During Chapter 13 proceedings, people can potentially eliminate some of their financial responsibilities after making payments toward certain...
Many people who might benefit from bankruptcy try to avoid filing if at all possible. They worry about losing their current lines of credit, suffering major financial setbacks and becoming ineligible for credit opportunities in the future. While bankruptcy does halt...
If you’re currently renting property to a tenant – or you’re taking steps to make this vision a reality – you may be capitalizing on a great opportunity. A rental property can be an incredible investment that can bring in considerable income, but you must ensure that...
Realizing that you can’t pay all your bills each month is difficult. While some people will be able to overcome this kind of deficit in income quickly, others need to turn to the legal system for an answer. Bankruptcy is a legal option that enables you to take control...
Choosing between Chapter 7 and Chapter 13 bankruptcy is a consequential decision that can significantly impact your financial recovery journey. Both paths offer debt relief but cater to different financial situations and objectives. As a result of the fact that these...
There are numerous laws that govern landlord-tenant relationships in Massachusetts. There are rules about deposits and rules regarding property maintenance. There are also both state and federal statutes addressing the need to accommodate tenants in certain...
Lenders like credit card companies often become frustrated when people fail to make payments. Many financial businesses have in-house collection departments that may begin repeatedly contacting someone who has missed payments. Others hire professional collection...