Many residents in New Hampshire may be surprised to learn that the leading cause of U.S. bankruptcies is outstanding debt from medical expenses. A 2014 study discovered that approximately 60 percent of bankruptcy claims are related to medical debt. According to the...
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Month: July 2014
Medical bills and credit scores
Medical debt can cause financial hardship as well as lower the credit scores of New Hampshire residents who are unable to pay back that medical debt. In some cases, those who otherwise pay their bills are penalized due to what could have been an error on the part of a...
Crumbs Bake Shop considering bankruptcy
Getting a cupcake along the East Coast may be harder now that Crumbs is closing. As many New Hampshire residents may know, the cupcake retailer has curtailed operations after it lost its listing on Nasdaq at the beginning of the month.Crumbs had around 165 employees...
Store allegedly pestered customer for $20 credit card bill
Laws may protect customers in New Hampshire and throughout the country from improper debt collection practices. A woman is claiming that a department store contacted her repeatedly and inappropriately to collect an allegedly overdue $20 credit card bill. The woman's...
