Health care costs are higher than ever. Unexpected injuries, illnesses and other medical events can take an extreme financial toll on you and your loved ones — especially if you don't have insurance. Even with health insurance, the deductibles, co-payments and uncovered expenses can quickly add up, leaving you with a mountain of bills you could never possibly pay.
Once those bills get handed over to collection agencies, you may find yourself facing constant creditor harassment on top of your medical issues and financial troubles. Nobody should have to dwell in such a difficult situation.
Medical bills are a leading reason why many people file bankruptcy. Because medical debt is unsecured — meaning it's not attached to your home, car or other property — you can get rid of it through the bankruptcy process. Depending on the type of bankruptcy you pursue, you may not have to pay any back or only pay pennies on the dollar.
Filing bankruptcy also has the immediate effect of stopping creditor harassment and other collection efforts.
If you're struggling with medical bills, contact our attorneys at Wootton & Wootton, P.C. We are dedicated to helping everyday people become debt-free through bankruptcy.
When you meet with one of our lawyers during a free consultation, you will come away with a better understanding of how bankruptcy can help you. We will guide you through the process so you know exactly what to expect.
To learn more, call our offices in Henderson or Durham, North Carolina, at 919-794-8660.