My clients just left, and they have been going through so much pain and suffering over the last several years leading to a plethora of medical bills and prescription bills.
I have to admit I hadn’t seen the sheer number of medical bills like they have in quite a while. While it looks like these bills will total less than $25,000, on their fixed income they simply cannot afford to pay them.
My clients are sophisticated about bankruptcy, having done their reading before they came to see me. They already knew what some of my other clients do not: medical bills are absolutely dischargeable in bankruptcy.
Bankruptcy Gets Rid of Medical Bills
Some of our clients come into the office at Steidl and Steinberg and we talk about their general financial situation. I go over their income and their typical monthly household expenses, and we talk about their assets: house, cars, other areas of inquiry so that I can assure them that they will be able to keep everything they own if a bankruptcy filing is needed.
Then we get to the bills. We go over the charge cards and personal loans and talk about student loans and we do have some creative ways for dealing with excessive student loan payments.
Every so often one of our clients asks, “can you do anything with the medical bills?” The answer is, yes. Medical bills are just like other unsecured debts like charge cards and unsecured personal loans in that they can be discharged in a typical Chapter 7 or paid a percentage of their amount in a typical Chapter 13.
That means you can worry about getting back to good health and let us worry about the bills.
Do you have large medical bills? Contact us today and schedule your free consultation and learn more about your options for dealing with your debt.