Category Archives: Medical Bills

Clearing out your Medical Debt with a Bankruptcy

Bankruptcy Attorney Dayton, Oh

One of the biggest factors that leads individuals into bankruptcy is medical debt. Now with the new medical reform this has certainly helped relieve the burden, however it does not help those that have been struggling with medical debt for several years and find that they can adjust not get these paid off. One of […]

Medical Debt: Is Bankruptcy the Answer?

Bankruptcy Attorney Dayton, Oh

With the rising cost of healthcare, expensive hospital stays and medical bills can corner people into compromising financial situations. Medical debt has been an increasingly difficult problem for many people, but the good news is that there are ways out. If your medical debt is severe, and you cannot settle the debt with your creditors, […]

Bankruptcy Attorneys Eliminate Medical Debt

Bankruptcy Attorney Dayton, Oh

Despite major healthcare legislation reforms, medical debts and expensive medical bills are the leading cause of bankruptcy filings in the United States. In fact, numerous studies have shown that over 60 percent of personal filings come as a result of unmanageable medical bills. The worst part is that these medical bills are often unexpected. Unlike […]

Combating Medical Debt Disasters

Bankruptcy Attorney Dayton, Oh

It is now estimated that medical debt accounts for nearly 40 percent of all personal debt burdens, and represents over 60% of bankruptcy filings. With one in three Americans describing their medical bills as a “financial burden”, the slope becomes even more slippery as the economy continues to challenge the workforce. Medical illness and job […]

A Majority Of Bankruptcies Are Due To Medical Bills

Bankruptcy Attorney Dayton, Oh

When it comes to filing for bankruptcy medical bills top the lists for the reason that this step is taken. Even those lucky individuals who have medical insurance coverage often find that co-pays, deductibles, and expenses that are not covered can add up to a very substantial amount. A study that was performed in 2007 […]