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Medical Debt Archives

There is help for high medical bills

Many people have a dread of seeing a doctor for a variety of reasons. One of the main reasons today may be the fear of having high medical bills that can feel impossible to pay off. Patients in California and everywhere can feel the pain and anxiety of bills that just keep coming.

Cancer leads to medical debt, leads to bankruptcy

California residents are aware that cancer is not only a serious medical concern, but is also poses a significant risk of financial distress. A recently released study confirms this assumption, and suggests that people who are diagnosed with cancer are more than twice as likely to file for bankruptcy as those who are not. This news may go a long way toward assuring individuals that medical debt often leads to the need to seek bankruptcy protection, and is not in any way an indication of a person's inability to manage their finances.

Medical bills behind recent Strike Debt protests

California readers are likely aware of media coverage of the recent protest actions of the group Strike Debt. The group is an offshoot of the well-known Occupy Wall Street movement, and has recently organized a number of events aimed at drawing attention to the failing of the current health care system in our nation. Staggering medical bills and enormous corporate profits are the focus of the movement.

Medical debt a factor in more than half of bankruptcy cases

Experiencing an unexpected illness or injury can be life-altering. It can take a significant amount of time for a California family to adjust to the new reality that follows certain types of medical issues. Even more sobering for some is the financial fallout of a serious medical concern. High health care bills can quickly spiral out of control, leaving some considering filing for personal bankruptcy to gain relief from medical debt.

Debt relief options for addressing older medical bills

For many California residents, medical debt is at the top of their list of financial concerns. Medical bills have a tendency to pile up, and even those who have health insurance are often faced with high balances to pay when coverage is not sufficient to address all of one's medical needs. There are a number of approaches one can use to handle older medical bills, which can help an individual's current financial situation as well.

Medical debt can lead California residents to bankruptcy

Individuals in California file for bankruptcy for a number of reasons. No two financial situations are identical, and each path that brought a consumer or family to file for bankruptcy protection is unique. For many families, that path includes significant medical debt.

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Stockton Office
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Stockton, CA 95207

Phone: 209-390-8877
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