Can medical bills be wiped out in bankruptcy?
Medical debt is becoming a nationwide problem. Almost everyone at some time or another has incurred a significant medical bill. In fact, Harvard University did a study where they concluded that over 50% of Americans who file for bankruptcy have significant medical debts. Fortunately, bankruptcy can wipe out or “discharge” all medical bills. Chapter […]
Florence bankruptcy attorney
If you currently live in Florence, SC and are experiencing debt issues such as foreclosure, repossessions, credit card debts, medical bills, IRS tax debts, finance loans, or other types of debts, please feel free to set up a free consultation at the Florence or Columbia office. We also offer free phone consultations. The following is […]
Can medical bills be wiped out in bankruptcy?
Medical debt is becoming a nationwide problem. Almost everyone at some time or another has incurred a significant medical bill. In fact, Harvard University did a study where they concluded that over 50% of Americans who file for bankruptcy have significant medical debts. Fortunately, bankruptcy can wipe out or “discharge” all medical bills. Chapter […]
Can bankruptcy help with medical debt?
Article written by Columbia, SC bankruptcy lawyer Daniel Stone Medical bills are one of the top reasons for individuals filing for bankruptcy in South Carolina and around the country. In fact, Harvard did a recent study in which they discovered medical reasons account for nearly two-thirds of all bankruptcy filings. Harvard Medical Study. The […]
Common myths about filing bankruptcy
As bankruptcy attorney, I often hear some of the same questions on why the potential client shouldn’t file bankruptcy. Here are some of the answers to debunk the myths to filing bankruptcy. Myth number 1. You cant file bankruptcy anymore. This myth is almost gone. After the bankruptcy law changes of 2005, there was a common […]
TOP 10 REASONS TO FILE FOR CHAPTER 7 BANKRUPTCY
10. Finance loans (furniture as collateral). 9. Avoid a judgement. 8. Wipe out a car deficiency. 7. Wipe out a old home deficiency. 6. General unsecured debts. 5. Furniture loans. 4. Collections. 3.IRS and state taxes. 2. Credit card debt. 1. Medical debt!