Debt Distress: Couple Struggles with High Fixed Costs Despite $216K Income

New York, USA – A couple in New York is facing a financial crisis despite having a joint income of $216,000 per year. Kevin and Michelle, as discussed in a recent podcast episode, are struggling with high fixed costs and mounting debts that are hindering their ability to save for the future. Their monthly financial obligations are substantial, with $3,700 going towards their mortgage, $3,342 towards credit card debt, and $2,495 towards auto loans. These …

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Medicaid Estate Recovery Targets Families in Distress: Unveiling the Hidden Threat

Washington, D.C. – In Washington, a daughter finds herself grappling with a hefty bill from the Massachusetts government after her father’s passing. Sandy LoGrande’s father, Salvatore, had always cherished the white, pitched roof house he worked tirelessly to purchase many years ago. Facing a $177,000 invoice for her father’s Medicaid expenses, Sandy was stunned by the threat of losing her father’s beloved home if she did not settle the debt promptly. The bill was not …

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