What to know about having debts forgiven

Individuals in Florida and throughout the country who have a debt balance forgiven may have to pay taxes on the amount that they no longer owe. An exception may be made in the event that a debtor is insolvent or if a debt was discharged through bankruptcy. In many...

Bankruptcy is an option with medical debts

Many Florida residents are struggling under the weight of medical debt. When one owes a lot of money because of a medical bill, bankruptcy could be an advantageous option. Medical debt is a large problem in the country as many receive surprise hospital bills after...