Bankruptcy Benefits for Medical Benefits
Expensive medical bills are a frustrating source of debt for many Americans, especially for those facing long-term illnesses or injuries that prevent them from working. However, this situation is not hopeless, and debtors with outstanding medical bills may be able free themselves through bankruptcy. Medical debts are unsecured, and they may be forgiven through bankruptcy proceedings.
If you’re trying to manage medical debts that have become too much to bear, we may be able to help you through the process of filing for debt relief through bankruptcy. For more information about your options in working through these legal proceedings, contact Florida Chapter 7 bankruptcy lawyer Ryan J. Really, Attorney at Law, PLLC, today at (239) 237-0675.
How Bankruptcy May Help with Medical Expenses
The cost of medical treatment combined with lost wages during recovery can wear down anyone’s finances. However, bankruptcy offers several powerful solutions to this problem. These benefits include the following:
- Chapter 7 bankruptcy may be able to discharge large amounts of medical debt
- Chapter 13 bankruptcy can structure a repayment program to work through the debt
- Hospitals and debt collectors are blocked from collecting due to bankruptcy’s automatic stay
- Other debts that have arisen due to diverting your funds to medical bills can be addressed during bankruptcy as well
With the help of a qualified attorney, a debtor may find a lasting solution to his or her medical debt problems in personal bankruptcy.
Bankruptcy may seem like a lot to handle at first, but our experienced legal advisors can walk you through the process and help you feel more comfortable with a proactive approach to debt relief. To learn more about how we may be able to assist you in preparing for bankruptcy, contact Florida Chapter 13 bankruptcy attorney Ryan J. Really, Attorney at Law, PLLC, by calling (239) 237-0675 today.