- Author: George Haines
- Published
Yes. Medical bills are simply unsecured debt, no different than credit card debt in the eyes of the bankruptcy laws, whether in Las Vegas or elsewhere.
Believe it or not, 60% of bankruptcy filings in America are a result of–not credit card debt–but rather medical debt. Hopefully Las Vegas residents are mindful of that fact and do not feel stigmatized if bankruptcy is needed to help deal with medical debts that put them over the edge.
As healthcare costs become a bigger and bigger problem for Americans, this all makes perfect sense of course. But what might surprise you is that this happens to people with health insurance as well as to those without. Insurance just doesn’t cover as much as it used to. And hospital stays and procedures and drugs cost a lot more than they used to.
Fortunately, with Chapter 7 or Chapter 13 bankruptcy you can clear your ledger of medical and other debts just as you can with credit card debt.
For more questions on dealing with medical bills and bankruptcy, contact Freedom Law Firm’s experienced Las Vegas bankruptcy attorneys for a free initial consultation by calling 702-745-8584.
