Bankruptcy Caused by Medical Issues
As modern science and medicine continues to improve, and technological solutions become more readily available, the costs of medical care continue to increase, as well. While it is a great thing that more medical solutions are available to people than ever before, the fact is, the costs associated with these solutions are simply out of most people's financial means. If you are facing serious medical debt and are considering bankruptcy, you are not alone.
At the Law Offices of Farnsworth Mortensen, PLLC, we have helped many Arizona clients obtain relief for serious financial debts that came as a result of medical bills. No one, not even those with good insurance plans, are immune from major medical emergencies that result in major financial problems. Our firm's dedication to our clients — shared by our attorneys and our entire legal team — is to find debt-relief solutions that work for each client's unique financial situation. Let us help you.
More than 10,000 bankruptcies filed
Options for Medical Debts
If you are overwhelmed with medical debts, a few options might be available to you:
- Chapter 7 bankruptcy: Chapter 7 is a debt-liquidation option that will eliminate your medical debt outright.
- Chapter 13 bankruptcy: Chapter 13 is a debt-reorganization option that gives you the chance to pay back your medical debts and other debts over a three-year or five-year period.
- Other bankruptcy/debt-relief options: We will explore other options with you to make sure we find the solution that will work best for you.
Contact Our Phoenix Bankruptcy Lawyers ∙ Free Initial Consultations
There are pros and cons to each of the different options available to you. The best thing to do is talk with an experienced lawyer about which option will work best for you. We offer free, confidential consultations so that you can talk over your case with one of our attorneys. Call 480-820-3600 in Phoenix, 520-298-3300 in Tucson, 888-634-0000 toll-free, or contact us online to schedule your free initial consultation.
