What Can I Do About Medical Debt?
You CAN Get Free of Overwhelming Medical Debt with Personal Bankruptcy
Medical debt is one of the primary reasons families declare bankruptcy. Lack of insurance, copays and deductibles, uncovered services — these can all add up to hundreds of thousands of dollars in medical debt for families already facing the trauma of a serious illness.
Even the birth of a child can cost thousands of dollars, putting financially strapped young families in an even bigger bind.
Thousands of families face the same situation every year because of the high cost of medical care and the ineffectiveness of our health care insurance system. It you are facing unmanageable medical debt, you DO have options. Filing for personal bankruptcy is one of them.
At the Denver bankruptcy law firm of Greenwald & Hammond, our experienced Colorado bankruptcy attorneys understand the emotional and financial challenges you face. We have helped hundreds of clients obtain a discharge of their medical debt with Chapter 7 bankruptcy, or Chapter 13 bankruptcy.
Did You Hear from Bill Collectors Before You Got a Bill?
It's not unusual to find that 30 days after your first day in the hospital or first clinic visit you are already hearing from a collection agency. That's because hospitals and medical clinics often find it more cost effective to go straight to collections. Do not be surprised by this tactic.
What if You Can't Pay Your Bill in Full?
The short answer is, you may not have to. People get themselves in trouble when, after being presented with a huge bill, they decide not to pay anything because they can't pay it in full. If you do this, you could wind up with a legal judgment against you.
You can try to work with medical creditors to obtain a manageable payment plan. We can advise you how to negotiate with the hospital and doctor so you can pay a portion of your debt. If a payment plan isn't possible or the medical debt is overwhelming, Chapter 7 or Chapter 13 may be an option for dealing with medical debt.
Contact Us Today
When you are ready for real solutions, contact the law office of Greenwald & Hammond, P.C. — real lawyers for real people. Your initial consultation is free. We help clients with consumer bankruptcy in the Denver metro area and beyond, in Aurora, Brighton, Broomfield, Arvada, Golden, Littleton, and Parker.
We are a debt relief agency. We help people file for bankruptcy protection under the Bankruptcy Code.