Medical Bills

Using Bankruptcy to Eliminate your Medical Debt

Medical treatment is expensive. Individuals who do not have sufficient health insurance to cover their treatment expenses or enough money to pay for them out of pocket can easily find themselves in debt after receiving medical care. Sometimes, there is no option other than taking on sufficient debt to receive necessary medical care.
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Saving Strategies for a Promising New Year

The recent release of statistical data by the Administrative Office of the U.S. Courts reveal that bankruptcy filings were down by 11 percent for the 12-month period ending March 2014. The big question, however, is will the downward trend continue throughout 2015?
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Bankruptcy Misconceptions in Illinois

There is often a misconception that people who file for bankruptcy are forced to do so because they were financially irresponsible. Although there are people who do file for bankruptcy for this reason, the majority of people who find themselves in this position get there because of events that occur of which they have no control over. A loss of employment, a serious medical issue, and divorce are just a few of the reasons that can completely wreck someone’s finances and leave them overwhelmed with debt.
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Guidelines for Dealing with Debt

Every month, people have to pay bills.  They can be credit card bills, utility bills, and other bills for education or a house.  There can be times when these debts become unmanageable due to factors like personal injury, loss of a job or just overspending.  If you are experiencing a financial crisis, then there are certain steps you can take to mitigate any damage.
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Medical Bills are the Top Cause of Bankruptcy in the U.S., Study Says

It’s no surprise that healthcare expenses and the problems of the medical industry are some of the biggest issues affecting the United States recently. The rising cost of healthcare has been a prominent focus for legislators, the media, and the public for the last several years, leading the major changes for healthcare that are taking place currently and in the coming months.
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  • Newland & Newland LLP, Attorneys, Arlington Heights, IL
  • Lawyer.com