Filing Personal Bankruptcy May Eliminate Medical DebtFree Bankruptcy Contact Form
Medical bills are almost always an unexpected burden, and rising health care costs often increase the effect of a seemingly "simple" illness or procedure. With more employers cutting insurance contributions, the demand on medical consumers only increases.
Luckily for debtors burdened with medical bills, medical debt is considered an unsecured debt by the bankruptcy courts, and may possibly be discharged in a Chapter 7 bankruptcy.
In a survey of personal bankruptcy filers in 2007, researchers from Harvard Medical School and Ohio University found that nearly two-thirds of petitions filed personal bankruptcy because of medical-related debts. Of those, nearly 80% had health insurance.
Not only can unexpected illnesses bring unexpected bills‒even for insured patients‒the prolonged effects of illness or injury can be loss of work and less income to pay off those bills.
Medical bankruptcy is an especially complex issue, and often links two or more life-changing events. To learn more about your options to discharge medical debt, connect with a local personal bankruptcy attorney. Simply fill out our free bankruptcy evaluation form or call toll-free 877-833-2410 today.
Medical Debt Issues
Learn more about medical debt by exploring the following issues related to personal wellness, finances and bankruptcy:
If you are struggling to pay your medical bills, or are putting off important medical procedures because of debt, lack of health coverage or lack of credit, you can discuss your situation with a bankruptcy lawyer. Simply fill out the form on this page to get in touch with an attorney in your area. Subscribe to Clear Bankruptcy by Email