Costly illnesses trigger about 46% of all bankruptcies according to a recent Harvard University study. What’s worse, most people who file bankruptcy had insurance, just not enough to cover the debt. The study provides that seniors and women are hit the hardest.

Increasingly, people are choosing AGAINST home equity loans or dipping into any retirement they may have and instead CHOOSING bankruptcy. Think about it, out of control medical bills are a primary reason bankruptcy laws are in place. If you don’t want to continue working another 10 or 20 years or staying on a budget that does not allow you to live and eat properly, just to pay medical bills. CONSIDER BANKRUPTCY instead. With bankruptcy, you don’t have to lose the equity in your home or postpone retirement.