Archive for December, 2015

The Pros and Cons of Going Through Arbitration Instead of Litigation

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Using an arbitration service has become a common alternative dispute resolution for bankruptcy issues, employment discrimination cases, class actions, and even for mock trials that help you’re lawyers develop an ironclad case.

Choosing to use an arbitration service instead of going to court can be very beneficial for all parties involved. However, because it is an enforceable process that does not allow for appeals, you should make sure that it is the right route for your issue before agreeing to arbitration services instead of the traditional route. Knowing the pros and cons of arbitration is the best way to understand if the process suits your needs.

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What Are My Options When Filing For Bankruptcy?

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Over 1.5 million Americans file for bankruptcy each year, according to the statistics of the United States bankruptcy courts. In 2014, 3% of bankruptcies filed were business and 97% were personal. Medical expenses alone are the reason for about 62% of these personal bankruptcies filed in the United States.
What is the first step in filing for personal bankruptcy?
Your first step should be to consult with a personal bankruptcy attorney, which can increase your success rate immensely. In fact, a Chapter 7 success rate with an attorney is over 95%, and Chapter 13 success rate is 55% with an attorney. Your attorney will help you assemble your financial inventory

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Medical Bills and Bankruptcy The Real Story

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Filing for bankruptcy can be a tedious and stressful process, and there’s no denying that it’s one of the most difficult types of lawsuits people face today. Believe it or not, the most common cause of personal bankruptcy claims isn’t poor money management; it’s actually a result of sky-high medical bills.
It’s estimated that around one million people file for bankruptcy every year, 97% of those bankruptcy cases are personal claims, and around 62% of all personal bankruptcy claims are connected to medical bills. Many bankruptcy claimants even have health insurance policies and they have several lines of credit open to cover the costs of their

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5 Essential Steps You Should Take After Being Injured at Work

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If you are injured on the job, the actions you take immediately after the accident will heavily determine your success in being fully compensated for your injuries. It is a sad fact that workers compensation insurance companies survive by fighting workers compensation claims, and giving the absolute minimum that they can get away with. If you were injured at work, you are entitled to receive enough compensation to get by financially until you are able to go back to work. Knowing the

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