Article written by Columbia, SC bankruptcy lawyer Daniel Stone Medical bills are one of the top reasons for individuals filing for bankruptcy in South Carolina and around the country. In fact, Harvard did a recent study in which they discovered medical reasons account for nearly two-thirds of all bankruptcy filings. Harvard Medical Study. The study…

1. Maintain adequate medical insurance. 2. Maintain longterm disability insurance. 3.  Maintain at all times a six to nine month nest egg of cash for emergencies. 4. Do not use credits cards. 5. Buy used, inexpensive cars instead of financing.

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