Personal Wealth & Health
Why Medical Bills and Personal Bankruptcy often go Hand-in-Hand
Free Bankruptcy Attorney Contact Form
Dealing with medical debt can sometimes be a vicious cycle. Worrying about money often leads to stress, which can create physical and mental health problems, and eventually create more debt to worry about.
If you're caught up in the cycle of medical debt, know that you don't have to face it alone.
A local bankruptcy attorney can review your case and help you deal with hospitals or debt collectors trying to collect on money that you may not have.
Simply fill out our free bankruptcy evaluation form or call 877-833-2410 today to connect with a bankruptcy lawyer near you and take the next step in treating your debt.
The Debt-Wellness Connection
Our bodies are built to handle a small amount of stress—enough to propel us into (or out of) action in an emergency. However, the daily mental and physical stress that many of us endure often takes its toll.
Watching bills pile, bank accounts shrink, and past-due fees add up contribute to the kind of stress our bodies weren't built to handle. And if that stress comes on top of a medical emergency, it can only make matters worse.
Being stressed about money can also lead to poor decision-making—like canceling health insurance because it seems too expensive, or leaving important information off a bankruptcy petition.
The Stress of Being Sick
Suffering from any illness, no matter how severe, can be stressful. In additional to co-pays and medical bills, illnesses can bring about job loss, mobility issues, or changes in living situation or lifestyle.
Likewise, caring for a sick loved one can bring about these changes and more. Any one of these changes can impact a family's finances, and dealing with more than one is enough to put most American families deep into debt.
Get a Debt Check-Up from a Local Bankruptcy Lawyer
If you're struggling with a medical emergency, reduction in income and increasing debt and considering filing bankruptcy as an option, let a local bankruptcy attorney review your financial situation.
In personal bankruptcy, Chapter 7 may be used to dismiss unsecured debts, including medical bills.
Connect with a local attorney today—simply fill out our free bankruptcy case evaluation form or call toll-free 877-833-2410 to connect with a bankruptcy lawyer in your area who can evaluate your case.