Get Real Debt Relief From Medical Bills
Many people mistakenly believe that bankruptcy is brought on by lavish spending on inappropriate luxuries. Sadly, as an experienced bankruptcy attorney here in Memphis, I know the truth. I’m Steven F. Bilsky, and I can help you deal with these factors. Medical debts are a significant factor for many who need to file for bankruptcy protection.
Medical bills often follow issues like job loss and insufficient insurance coverage. If you are injured or become ill, you may not be able to work full time. Without a job, you may lose your insurance or only maintain minimal coverage. The medical bills grow rapidly and you have to rely on credit cards or exhaust your savings, and once your credit cards max out, you feel as if you have no options.
Bankruptcy Can Help With Medical Debt
You do have an option. This is when bankruptcy can help. If you are struggling with medical bills or other debts you are unable to pay, a bankruptcy can help you regain your financial footing and move forward to a better future. If you qualify for a Chapter 7, you could be debt-free within a short time.
Discharge Medical Bills Through Chapter 7 Bankruptcy
I can help you find out if you are eligible for Chapter 7 bankruptcy. As an unsecured debt, medical bills can be discharged with Chapter 7 bankruptcy. You could completely eliminate your medical bills, credit card debts and most other consumer debts to get the fresh start you need.
If you are not eligible for Chapter 7 bankruptcy, you would be better served by a Chapter 13. I have almost 40 years of experience with bankruptcy law, and I can explain your options and advise you of the strategies that will help you the most.