Putting politics aside, everyone agrees something needs to be done about healthcare. Every day, millions of Americans battle the cost of medical bills. Sure, insurance can help out with the medical expenses, but it’s not always enough. Sometimes the bills keep piling up and piling up. No matter the health crisis that brought on the bills, you may find yourself in a situation with no way to pay them all. Legislation in Congress may help eventually, but that’s years down the road, and Americans need a solution now.
A surge in bankruptcy in America in recent years is largely due to medical bills. Americans simply can’t afford to pay those high prices for healthcare. The statistics don’t lie. More than 50% of personal bankruptcies filed in 2003 and 2004 were filed because of medical debt. Surprisingly, many of the filers had health insurance, and the cost was still too high. Groups most often filing bankruptcy because of medical debt include senior citizens (ages 65 and older), single moms raising children on low wages, and single moms whose former husbands refuse to pay child support. These groups, and so many more, turn to bankruptcy all because of their skyrocketing medical debt. It is the only solution for making the phone calls stop and for salvaging what little money they still have left at the end of the month.
Resources in your community can help you navigate the system when it comes to filing for bankruptcy because of soaring medical debt. Take advantage of free access to legal resources, or even free consultations. Bankruptcy attorneys have the answers, and they can walk you through the process of filing. For more privacy, and for bankruptcy access 24/7, use the Internet to find helpful websites like www.totalbankruptcy.com to answer any questions you may have.
