Many people cannot afford medical insurance or lose their insurance through no fault of their own. Suddenly they find themselves needing major medical care with no way of affording the services. This can cause serious financial struggles and the need to file bankruptcy. By law, a hospital cannot discriminate against you for filing bankruptcy. You cannot be denied future services or treatment at that facility.
If medical bills are causing you financial problems, you are not alone. Studies have shown that medical bills are the main contributing factor in pressuring people to file bankruptcy. Contact our medical debt and bankruptcy attorneys to learn how we can help. We offer a free, no-risk consultation to review your financial situation and explain your debt relief options.
Bankruptcy Can Help
With the rising costs of health care, medical bills can take control of your finances, preventing you from paying off credit cards, car loans and even your mortgage. Filing Chapter 7 or Chapter 13 bankruptcy may be your best option for getting a fresh start.
A Chapter 7 bankruptcy can completely eliminate unsecured debt, including medical bills. A Chapter 13 bankruptcy reduces some debts and eliminates others. We prepare a payment plan which allows you to pay off your remaining debts over a three- to five-year period at a rate you can reasonably afford. The Bankruptcy Clinic, P.C., can help determine which option is best for you.
But how will this affect your life after bankruptcy? It may seem like creditors do not care about your situation and will deny you credit. The truth is, many lending agencies are more sympathetic if they know you are a responsible person and understand that medical factors and emergencies are often outside one's control. If a bankruptcy is due to a medical condition or catastrophe, we encourage our clients to write a letter to the credit reporting agencies explaining the circumstances surrounding your bankruptcy. When banks and other lenders pull your credit report, they can read this explanation and may be more willing to work with you.
Free Consultation With an Illinois Bankruptcy Attorney
For a free consultation with the Bankruptcy Clinic, P.C., call 888-522-6578 toll free or contact us online. We have offices in Carbondale, Marion and Mt. Vernon, Illinois, to serve you. Evening and weekend appointments are available.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
