Of all the different types of debt one can accumulate, medical debt is often the most troubling. Families worry about how they can get future medical care when they are already drowning in debt. When such debt is accompanied by other insurmountable bills, it can lead to crippling and indecisive behavior.
Getting a handle on your medical debt is certainly not easy, but it can be done. Of course, filing for Chapter 7 or Chapter 13 bankruptcy is an effective means of debt relief, but many Mississippi residents save this option as a last resort. Our attorneys are here for you if you do decide to file bankruptcy documents. In the meantime, here are a few ways to address your medical debt before considering bankruptcy.
- Check your bills: We suggest going over all your medical bills very carefully. Sometimes, medical facilities make errors, which could mean you owe less than you thought.
- Create a payment plan: Even if you can only afford to pay a little each month, you can begin shaving down your debt by doing so.
- Attempt to negotiate: Hospitals, clinics and doctors’ offices want your money! Even if they cannot get all that you owe, many are willing to negotiate your bills down at least a little.
Trying the methods above comes with an unexpected benefit. It will give you a clear and accurate picture of what your medical debt looks like. If you decide bankruptcy may be your best option, you will have developed a better understanding of your debt. In turn, this enables you and your lawyer to choose the kind of bankruptcy (Chapter 7 or 13) that will meet your family’s needs.
Please, keep exploring our website to learn about all available options to get a handle on your debt.