The government shutdown is entering its second month. The implications of this are widespread and will soon be felt by many more, in Maryland and around the country, as tax refunds may be delayed, and possible delays and interruptions in air travel may occur. One group of people who are not getting the attention but may stand to suffer more than most are government contract workers, and some have said the shutdown could cause them to file for bankruptcy.
Debt is a word that all Americans over a certain age are familiar with. It comes in many different forms, including student loans, credit cards and medical expenses, to name a few. Bankruptcy is also a familiar term to many in Maryland and across the country, but some are less familiar with its definition when compared to the word debt.
Many things can lead to families facing financial struggles. This includes medical emergencies.