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Rossville Georgia Legal Blog

What damages can be recovered with a personal injury claim?

In the wake of a serious accident, whether it is a motor vehicle accident or a slip-and-fall accident, victims may not realize that they have the option to pursue compensation from the negligent or reckless party. This is truly unfortunate, as there could be a considerable amount of compensation available, depending on the types of damages involved.

Below, we look at what types of damages you could recover should you file a legal claim after an accident in Georgia.

New rules will limit credit report damage from medical debt

Did you know that over half the debt appearing on Americans' credit reports is medical debt? Unfortunately, a ding on your credit report can cost you in terms of credit rejections, additional interest and job or housing consequences.

The average that Americans have in past-due medical debt that is in collections is only $579, according to the latest numbers from the Consumer Financial Protection Bureau. Yet 43 million Americans are in collections for medical debt, and for 15 million of them, medical debt is their only credit problem.

What do you need to know about Chapter 7 bankruptcy?

Overwhelming debt can have a detrimental impact on your Georgia family. From dealing with harassing phone calls from creditors to juggling minimum payments, you may feel that you need a way out from your current financial situation. For you, the right way to emerge from your current difficulties may be by filing for bankruptcy. 

For many consumers, Chapter 7 bankruptcy offers an effective way to deal with debt in a timely manner. Before you make the decision to file or make any major decision with long-term implications, you would be wise to first seek a complete understanding of what this type of bankruptcy is and the benefits it could offer you and your family.