Discharging Medical Debt Through Bankruptcy
Indiana Bankruptcy Lawyers
A serious illness or hospitalization can wreak financial havoc on individuals and families. Without medical insurance (and in some cases, with medical insurance) medical costs can spiral out of control — beyond what any individual can pay out-of-pocket.
Most people are unaware of the fact that bankruptcy can discharge medical debt. If you or a family member has overwhelming medical debt, it may be time to talk to a Highland medical debt attorney about your legal options. Contact our law office to schedule an initial consultation where we can discuss your options.
Discharging Medical Debt Through Bankruptcy
Medical debt is the number one cause of bankruptcy in the U.S. Both Chapter 7 and Chapter 13 bankruptcy offer debtors protection. In Chapter 7 bankruptcy, medical debt can be completely discharged. Those who are not eligible for Chapter 7 bankruptcy may still be able to file Chapter 13 bankruptcy, which usually sets a debtor up on a three- to five-year partial repayment plan with no interest, with the balance of the debt discharged at the end of your plan.
At the law office of Jon D. Beaty, we will take the time to explain the bankruptcy process and determine if it is right for you. We will answer your questions and address your concerns about common bankruptcy misconceptions. For more than 10 years, our law firm has helped people just like you find ways to obtain debt relief.
Contact Us
Contact a Hammond or Highland, Indiana, bankruptcy attorney to learn about your options for relieving medical debt.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.