Category Archives: Medical Debt
Filing for Bankruptcy Due to Medical Expenses After a Serious Illness or Injury
A serious illness or injury can have devastating financial consequences. Even with health insurance, the costs of hospital stays, treatments, medications, and ongoing care can quickly spiral out of control, leaving individuals and families drowning in medical debt. For many, bankruptcy becomes the only viable solution to regain financial stability and move forward. Consult… Read More »
How the No Surprises Act and Bankruptcy Work Together for Patients with Unexpected Medical Bills
Medical debt is one of the leading causes of financial stress for Americans, often forcing individuals and families into difficult financial situations, including bankruptcy. The No Surprises Act, which went into effect in January 2022, aims to protect patients from unexpected and often exorbitant medical bills. But while this law addresses many billing issues,… Read More »