Medical Debt and Bankruptcy

Although many people file for bankruptcy due to overwhelming credit, home, and loan debts, a significant portion of bankruptcy filings involve people who are trying to find a resolution to debts owed due to expensive medical procedures.

Unfortunately, individuals who suffer serious illnesses may find themselves unable to pay for the medical procedures they needed. Even individuals with health insurance may find themselves facing overwhelming medical bills. If you are considering bankruptcy due to medical debts, contact the Boston bankruptcy lawyers of Joshua Spirn & Associates at 800-975-5346.

Filing for Bankruptcy

Individuals who have significant medical debts may choose to file for Chapter 7 bankruptcy. This form of bankruptcy essentially erases all unsecured personal debts, which often includes medical bills. Although doctors and medical providers may seek to pursue repayment through small-claims proceedings, individuals may find resolution to their debts by way of a Chapter 7 bankruptcy filing.

It is important to note that filing for bankruptcy means that the individual may not file again for a period of six years. For people looking to resolve medical debts through bankruptcy, the chances of further medical issues should be considered. If the individual becomes ill again, he or she will not be able to turn to bankruptcy again to avoid paying for expensive medical procedures.

Contact a Boston Bankruptcy Attorney

If you or someone you know is finding it difficult to maintain responsibility for medical debts, contact the Boston medical bill bankruptcy lawyers of Joshua Spirn & Associates at 800-975-5346.