Medical Bills and Bankruptcy
A San Francisco Bankruptcy Attorney chats about discharging medical bills during bankruptcy...
Medical emergencies and major illnesses happen when we least expect them. Between emergency room visits, surgery, and ongoing treatments, medical bills can easily be thousands, and for some people they can be hundreds of thousands or more. In addition to this, the emergency or illness can often result in losing time at your job or losing your job all together. Even those with health insurance often face large medical debts. Because of this, those with medical bills are often in a position where they may want to consider bankruptcy. In fact, a recent study at Harvard Medical School suggests that 62.1 percent of bankruptcy cases are medically related.
Bankruptcy is a clear choice for these people for many reasons. Chapter 7 and Chapter 13 bankruptcies can both discharge all of your medical bills and give you a fresh start. To put these debts on a credit card or a home equity line can cause enormous financial strain that can last for many years, far longer than even a bankruptcy lasts. Not only can the balances become so large it takes many years to pay off, but the interest can also pile up very quickly, especially with the high interest rates on credit cards.
In order to find out the best way to eliminate your medical bills through bankruptcy, you should contact an attorney in your area. If you are in the area of one of our offices, feel free to contact us and schedule a free consultation with one of our bankruptcy attorneys.
If you have questions regarding bankruptcy in San Francisco or bankruptcy in the greater Bay Area please contact our San Francisco Bankruptcy Attorneys at (415) 946-8882 for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced San Francisco Bankruptcy Attorneys. After you have spoken with one of our Bay Area bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of Bankruptcy Lawyers, Bankruptcy Customer Care Specialists and Bankuptcy staff supporting San Francisco and Bay Area consumers in debt can assist you with all aspects of your bankruptcy or bankruptcy litigation case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, San Francisco Bay Area!
