If you are like thousands of Americans, you didn’t get yourself into an unbearable debt situation through frivolous spending — you simply had bad luck surrounding medical costs. A huge number of Americans are swimming in medical debt that threatens to drown them each month. While the matter remains exceptionally politicized for individuals of every political persuasion, everyone agrees that medical costs across the country have skyrocketed out of control, and everyday Americans are suffering.
This type of financial disaster is not limited to those without insurance. Even if you have health insurance, you can rack up considerable debt if you are underinsured, or if your medical needs are quite extensive. While lawmakers around the country are working hard to find a solution, and disagreeing fervently about what the solution could be, you have some options.
Discharging medical debt is possible through bankruptcy. If you are feeling crushed under a mountain of medical debt, you don’t have to be. While no one should approach a bankruptcy casually, there is nothing casual about thousands upon thousands of dollars of medical debt, and it may truly be your only good option. This is especially true if your medical debt arose from a single instance or ongoing treatment for a central medical issue. When your life or livelihood is on the line, it is understandable to get the treatment you need and figure out the details later. However, those details can be absolutely devastating when you get the bill.
Each person’s story is different, and it is possible you can make another solution work for your medical debt. However, there is no shame in using the law to fight an enormous debt that you could have only avoided by letting yourself die or remain painfully injured. Do not hesitate to contact an experienced bankruptcy attorney to explore your options for medical debt relief.