Filing for Bankruptcy due to Medical Bills

While no two bankruptcy claims are alike, there are several categories under which most bankruptcy cases can be filed. One of those is medical bankruptcy and it is more common than you may think.

As anyone knows, going to the doctor can be expensive, even if you are covered by insurance. However, if you become afflicted with a serious illness, you could find yourself swamped in hospital bills. Even spending just a few days in the hospital can put you tens of thousands of dollars in debt. As a result, you could lose your savings and put your other assets in danger, such as your home or car.

Rather than worry about your finances when you are already concerned about your health, you can file for Chapter 7 bankruptcy. Yet, changes to the Bankruptcy Code in 2005 made it more difficult for the average person to file successfully for bankruptcy.

For this reason, if you are currently in this situation, contact the Malaise Law Firm now to get assistance from one of our San Antonio bankruptcy attorneys as soon as possible. We will deal with your legal matters so you can focus on your health and stop worrying about your medical bills.