Overcoming Medical Debt

Ask anyone who is struggling to pay his or her bills what caused the financial hardship, and you will find one very common answer: a medical issue. It only takes one ambulance ride or one round of unexpected medical treatments to put a hardworking individual's finances in jeopardy. Even if insurance claims should help with hospital bills, the process of collecting those benefits often proves arduous.

There is a way to get rid of medical debt or the unsecured debt (such as credit card debt) you accumulated while dealing with a medical issue. Through bankruptcy filing, debts are discharged in a relatively efficient and highly effective manner. You do not have to lose everything to creditors and you do not have to spend years struggling to keep up.

Before you make drastic decisions about draining your retirement savings accounts or selling property, contact a lawyer at my office, Jeffrey P. White and Associates, P.C. I personally work with clients in Lewiston-Auburn, Portland and throughout Maine, helping them get straightforward information and personalized counsel that lifts the burden of debt off their shoulders.

What Chapter Of Bankruptcy Is Right For Medical Debt Discharge?

Chapter 7: If you qualify for Chapter 7 bankruptcy through the means test (which estimates your ability, or inability to make reasonable payments to creditors), you may be able to have medical debts completely discharged. This process can typically be completed in a matter of months, but is only an option if your income is low enough.

Chapter 13: If the means test determines that you could make some reasonable payments, Chapter 13 bankruptcy can provide a way to restructure debts into payment plans that work for you. These payments are then made over the course of three to five years, with remaining debts discharged at the end of this period.

As a bankruptcy attorney, I provide high-quality representation in an accessible and friendly atmosphere. You may walk into a free initial consultation overwhelmed with questions, but will walk out with a new understanding of how to overcome these challenges.

Contact me by email or by telephone at 207-536-6224 to schedule an appointment.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.