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Medical Bankruptcy and Alternative
Is there a solution?
An illness, injury or disability and the resultant medical bills and costs result in a great number — perhaps the majority —of bankruptcies. While statistics vary from state to state and year to year, it is a consistent truth.
Where a family’s primary breadwinner or sole earner falls ill, looses his job and requires expensive medical treatment, the result is not just loss of income but also a huge debt is often piled up as a result of very expensive medical treatment.
While bankruptcy may not be your preferred choice, you should know that medical bills, as a general rule, are dischargeable in bankruptcy. Chapter 7 filing may completely wipe out your liability for medical bills.
Unfortunately, many people suffered longer than necessary. Some take out second mortgages while others depend on line of equity credit line on their homes. This needlessly complicates the situation and may impact the degree to which their debt is ultimately dischargeable in bankruptcy.
Our considered opinion and advice in this matter to anyone who is struggling with overwhelming medical bills they cannot afford is that they should contact a good attorney who can help you evaluate your situation, weigh your options and move forward toward a real solution.
The bankruptcy lawyers at Haroon Law Group offer no obligation no
pressure consultations to clients seeking medical debt relief in
Our offices is conveniently located in Plano, just north of Dallas, TX on hwy 75 @ Park Blvd Exit in the Bank of America building.
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