Can bankruptcy protection help with old or unknown debt? It is now a growing trend to see older Americans facing debt from student loans, even from decades ago, that may have been neglected, forgotten or not known. As this becomes more common, some of these individuals may explore the option of bankruptcy protection to discharge certain debts.
There are a number of signs that suggest that an individual’s debt scenario has reached a critical level. One of those signs is an immediate and intense sensation of dread when the phone rings. For those in Maryland who have fallen seriously behind on their bills, collections calls can lead to a high level of anxiety, which can in turn lead to a number of problems related to health and happiness. Fortunately, there are a number of solutions available, up to and including seeking bankruptcy protection.