Can I File Medical Bankruptcy?
Each year, a significant number of bankruptcy cases are caused by debts associated with injury or illness. Medical bills can create an insurmountable financial obstacle–especially for those with inadequate health insurance. If you are struggling with hospital bills or other medical debts, you may have discovered the topic of “medical bankruptcy”.
Technically speaking, there is not a certain type of bankruptcy that is specifically called “medical bankruptcy”. However, medical bills can be discharged in any type of consumer bankruptcy. Many people are able to free themselves of burdensome medical debts by filing for bankruptcy under Chapter 7 or Chapter 13.
Since there is no single chapter of bankruptcy for people with medical debts, the determination of what type of bankruptcy you should file is made after examining other criteria. For instance, a bankruptcy attorney will consider what chapter of bankruptcy would be best for you to consider based on your income, assets, debts, and any prior bankruptcy filings.
As always, the best plan of action for you to follow if you are considering bankruptcy is to schedule an initial consultation with a bankruptcy attorney. The consultation allows the attorney to evaluate your situation and best describe your options.