I Need Answers For: Medical Debt

Good News!  You CAN discharge medical bills in bankruptcy.

Medical debt is one of the leading causes of bankruptcy. If an unexpected accident, illness, or disease occurs then the medical bills can pile up quickly. You may not be able to work and the high cost of the medical care can be overwhelming. Many Americans do not have health insurance coverage or have insurance that only covers the bare basics and minimums. This debt should not be ignored, even though you do not have the financial resources to pay off the debt and may be struggling just to feed your family and meet monthly expenses like rent or mortgage and utility bills.  You need to know that you can discharge medical bills in bankruptcy.

Even if you have the best health insurance coverage possible an illness or serious injury means lost time from work, co-pays, deductibles, and other strains on your limited financial resources. Most Americans live from paycheck to paycheck, and even the loss of a few days or work could put you far behind and create financial difficulties. Statistics show that most Americans are simply a serious illness or extensive hospitalization away from losing everything.

Chapter 7 Bankruptcy Can Eliminate Medical Debt For Many Americans

If you owe medical related debt then chapter 7 bankruptcy may be able to help you resolve this debt and start fresh. This type of debt includes doctor charges, hospital costs, testing expenses, and any other medical related charges that you have. If the Means test is passed then chapter 7 bankruptcy is an option. If this test cannot be passed because of excessive income then you may need to file for chapter 13 bankruptcy protection instead, and this involves repaying part of the debt before the balance is eliminated.

Most Americans can pass the Means test used to determine eligibility for chapter 7 bankruptcy. In this situation all of the medical debt including dental bills and other charges can be wiped clean and completely eliminated. In bankruptcy medical bills and credit card debts are both considered unsecured debts, and these debts are usually completely dissolved in discharge from bankruptcy.

Richard West Law Can Help You With Your Medical Debt

The law firm of Richard West Law includes experienced attorneys who closely understand the bankruptcy laws and how these laws are applied in a specific situation. Regardless of how much you owe in medical debt we can usually help you get the debt relief that you are looking for, without a lot of hassle or time spent. You do not have to spend any more time worrying or feeling like you are drowning in debt and cannot reach the surface for air.

The bankruptcy attorneys at Richard West Law can provide a free bankruptcy and debt consolidation consultation to help you find the right answer for your unique debt problems and circumstances.