The cost of living in New Jersey is quite high. Any number of extenuating issues may spark a financial crisis in your life. How quickly you can resolve such problems depends on numerous factors, including whether or not you have any savings and how much you know about possible debt relief options that may apply to your situation.
People swamped with debt often face constant harassment from creditors plus the threat that unpaid utility companies will switch off their power or water. That is why many people file for personal bankruptcy. If you find yourself in a debt crisis, the automatic stay provision that bankruptcy offers can be just what you need to stop the harassment and give you greater peace of mind as you seek to rebuild your financial situation in New Jersey.
If you are one of the numerous New Jersey residents who is struggling financially, you have probably been doing some research on debt relief options. That search has led you here. While bankruptcy may not have been your first choice, it may be your best option.
As healthcare policy continues to be a political controversy in the United States, it may help our readers to get a little perspective on the cost of medical treatment in this country. In 2017, Americans spent $3.7 trillion on healthcare – or exactly $10,739 for each man, woman and child.