New Hampshire readers may be surprised to learn that medical bills are currently the leading reason for personal bankruptcy filings. Surveys have found that approximately one in three Americans are struggling to cope with doctor or hospital bills, and this can have a...
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Month: August 2014
New Hampshire staffing firm facing bankruptcy
A New Hampshire staffing agency is facing bankruptcy due to growing debts that it says are related to ongoing management disputes at the Market Basket chain of supermarkets. American Resource Staffing Network Inc., based in Bedford, has filed a petition for relief...
New method of scoring by FICO
The credit history and FICO score data may be soon collected differently with an advantage to the consumers, including New Hampshire residents. In order to help the consumers improve their scores, certain medical debts will be weighed differently, leading to boost in...
Bankruptcy and discharge dates in New Hampshire
When seeking debt relief, it is important to understand that there is a difference between the filing date of bankruptcy and the date that the debt is discharged. For those seeking Chapter 7 bankruptcy, the debt is generally discharged four months after paperwork is...
Millions of Americans have debt in collections
Those who live in New Hampshire may be surprised to learn that 77 million Americans have a debt that is currently in collections. While that number may seem high, there are many reasons why a person could have a debt in collections, and some counted in that number...