Credit Card And Medical Bill Debt Can Be Discharged Through Bankruptcy
Credit cards and medical bills are among the most common debts involved in a bankruptcy filing. Our bankruptcy lawyers at Goering & Goering, LLC, help clients find solutions to overwhelming credit card and medical bills. We have filed thousands of bankruptcy petitions on behalf of our clients and have the experience to find solutions for clients in Southern Ohio, and Northern Kentucky. When you call on us for help, you can rest assured that you are receiving sound legal advice.
Handling Excessive Credit Card And Medical Bill Debt
Credit card debt is one of the most common types of debt. Charging expenses to a credit card and then later being unable to pay off those bills can become an overwhelming hardship. Credit card debt tends to only increase in intensity, as interest rates creep up and late fees are charged if you neglect to pay current bills. One common way that people accumulate large credit card debt is by charging loan repayments to the credit card.
Similarly, if you or a family member suffered a serious illness or injury, the cost of medical care can easily outpace your ability to pay. It is a tragedy when families and individuals find themselves in insurmountable debt simply because they could not afford their medical treatment. Many people even end up paying for some of their care using a credit card, which can compound the debt problem.
How Bankruptcy Can Resolve Credit Card And Medical Bill Debt Problems
Filing for bankruptcy may be your best legal option for facing overwhelming credit card debt. In Chapter 7, you can discharge your credit card debt by liquidating or “selling off” nonexempt property (if you own any such property). In Chapter 13, you can reorganize your monthly payments to a more manageable plan. After a period of about three to five years when the repayment period has ended, the remaining debt can often be discharged.
Helping You Start Anew With Effective Debt Solutions
Our bankruptcy attorneys in Southern Ohio, and Northern Kentucky have helped clients solve financial problems that arise from credit card and medical bills for more than six decades. When you come to Goering & Goering, LLC, you will work directly with an experienced credit card debt attorney from the moment you begin the initial consultation and throughout every step of the process. Call our office at 513-838-2407 or contact us online to set up a free consultation, so our attorneys can advise you about your debt relief options.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.