Health care is an issue that is extremely important to people in Durham and throughout the United States. It is also an issue that is currently in the spotlight as attempts are being made to undo some or all of the regulations stemming from the Affordable Care Act.
If you are struggling to pay your debts and barely making ends meet in North Carolina, you may be feeling stressed out about your financial situation. You may also be considering if you should file for bankruptcy to put an end to the harassing creditor phone calls and endless bills you are receiving. Even though bankruptcy may seem like a cure-all for your financial troubles, it can have some serious ramifications for your situation.
For people from diverse backgrounds, there are times when bankruptcy becomes necessary. If you are considering bankruptcy, it is vital to closely review any of your choices and ensure that you have found the smartest direction forward. In Durham, and all other parts of North Carolina, some people may choose to file for Chapter 13 bankruptcy. At Wootton & Wootton, our law firm is very familiar with the different reasons people may decide to take this route.
Health care is an expense that is extremely important and worrisome for many people in North Carolina. Medical emergencies can happen at any time and having insurance is no guarantee that you will not end up owing money after all is said and done. At Wootton & Wootton, P.C., we understand how stressful it is when you owe money that you cannot afford to pay.
After the Great Recession, which many people think was caused in part by subprime mortgage lending, buying a home became more difficult for many people in North Carolina. However, auto loans continued to be readily available and it appears that large numbers of people took advantage of this. In fact, according to CNNMoney, the number of auto loans is currently outpacing the number of home loans across the country.