How To Eliminate Medical Costs Through Bankruptcy

HOW TO ELIMINATE MEDICAL COSTS THROUGH BANKRUPTCY

When medical bills become overwhelming, it’s natural to feel trapped and under stress. The good news is that relief is available under the Chapter 7 and Chapter 13 provisions of the federal law. James S. Price of Price & Williams Attorneys At Law in Wilmington can help you navigate the somewhat complex process of applying for medical bankruptcy protection. Our staff is ready to help you through this trying time by working to consolidate or cancel your debt.

The Chapter 7 filing process includes gathering information about your assets and income as part of what’s called a means test. Similar to how you’d hire an accountant to handle complicated tax filing processes, you can hire us to help you fill out all of the bankruptcy forms correctly. We’ll help you classify your debts into their corresponding categories, such as secured, unsecured, priority and nonpriority. One of the advantages of filing for bankruptcy is that it stops collectors from calling to collect payments. For many filers, it’s the best option, as there is no cap on how much medical debt you can discharge. Medical bills charged to credit cards are also included within the Chapter 7 provision.

  • Senior Woman with Bills — Wilmington, NC — James S. Price Bankruptcy Attorney

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  • Senior Woman with Bills — Wilmington, NC — James S. Price Bankruptcy Attorney

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SERVING ALL OF WILMINGTON

For many, gaps in insurance coverage combined with high medical costs have created financial obligations that seem impossible to pay. We’re here to tell you that you have additional options for debt repayment, and may even qualify to have those bills wiped out completely. We offer free consultations to new clients in greater Wilmington. Our practice is focused on debt relief by means of bankruptcy protection. Take the first step of putting your financial life back into order by calling us at 910-791-9422.

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