Medical debt can present a huge challenge to many families. If someone in your family had an unexpected medical emergency, you may be faced with a mountain of medical debt – even if you have health insurance. Dealing with this medical debt presents you with a unique situation. Because medical debt-holders (i.e. doctors and hospitals) … Read more
Of all the different types of debt, medical debt is one that we really hate. It can impose serious financial hardships on individuals, and there’s a lot of emotion attached to medical debt. Doctors and hospitals have to charge so much these days to protect themselves against malpractice charges. Plus, the insurance companies are driving … Read more
When it comes to debt, medical debt can be one of the biggest challenges for many people to overcome. Not only can medical debt be a huge cost, but it’s also one of the most emotionally-charged forms of debt. Medical debt ranks high on the emotional scale, right alongside foreclosure. Hiring the right debt settlement … Read more
If you’re filing for bankruptcy, chances are it’s because of medical debt. For the last few years, various studies have attributed medical debt to more than 60% of bankruptcy filings! That number is flooring! However, change is slow – especially in the medical industry, and that figure is showing no signs of decreasing. For those … Read more
When it comes to today’s hot-button political issues, the healthcare system and the ensuing medical debt are up there on the top of the list. When it comes to emotionally draining experiences that leave many families feeling helpless and worried, medical debt is somewhere near the top of that list, too. No matter how you … Read more
If you are facing medical debt, you are in a situation that is quite unique when compared to other forms of debt. With nearly every other form of debt, the debtor at least initiates the situation. Examples include: mortgages, car loans, student loans, property taxes that are too high. Nearly every form of debt at … Read more
If you or someone close to you has been ill, the medical bills can pile up fast, particularly if you are uninsured. With the astronomical costs of healthcare, many people find themselves wondering how they’re going to pay the bills and even consider bankruptcy. Medical debt can accumulate very quickly. Even one day in the … Read more
If you are facing medical bankruptcy, you are probably looking for other alternatives. It goes without saying that bankruptcy is the absolute worst financial condition a person can be in, so instead of searching for a bankruptcy lawyer, you should consider medical debt settlement. In some cases, medical debt settlement can be one alternative to … Read more
Unfortunately, medical debt is a very tough but very real subject for thousands of Americans. Many court cases relating to Texas bankruptcy have been tied to the medical field. When you or a loved one is already suffering physically, taking care of medical debt feels like adding insult to injury. Avoiding medical debt when at … Read more
Debt collectors are notorious for their persistent and hard line approach to collecting on what is owed. Although medical debt is a large contributor for the debt burden and bankruptcy filings among many Americans, most of their tactics have been fairly subdued, until now. One of the nation’s largest collectors of medical debts is being … Read more