Your health should take priority over your finances -- but when it does, the results can sometimes be devastating. A 2005 study by Harvard University found that medical bills caused fully half of all bankruptcy filings. And three-quarters of those bankruptcy filers had medical insurance, at least when they first got sick.
Medical debt is unsecured debt, which means there's no collateral available for the creditors to repossess. But without a bankruptcy filing or other protections, medical debt can be tied to the collateral you do own. After a few years of unpaid bills, a hospital or insurance company may be able to garnish your wages and claim part of your equity in a home, business or other valuable property. At the Law Office of Alberto H. Hernandez we want to let you know we have a solution for your financial problems.
If you feel overwhelmed by medical debt, a bankruptcy attorney can help. If you know you won't be able to pay your medical bills, but need to keep seeing the same doctors, a skilled bankruptcy attorney can help you set up your finances. You need an experienced bankruptcy attorney that ensure you can see the doctors you need and file a Chapter 7 bankruptcy down the line.
If your debt was a one-time expense, the Law Office of Alberto H. Hernandez can help you negotiate with the provider. Stop harassing creditors while you're undergoing treatments, allowing you to focus on what matters most -- getting better. Call me today to speak with a bankruptcy attorney about your individual circumstances.
Contact Me for a Consultation
To schedule a consultation about filing for Chapter 7 bankruptcy, contact me by e-mail or call me at (305) 820-0334.