Contemplating Filing Bankruptcy To Eliminate Your Medical Obligations? Know The Possibilities And Impacts!

2. Contemplating Filing Bankruptcy To Eliminate Your Medical Obligations. Know The Possibilities And Impacts! As you file bankruptcy, your secured/unsecured debts are immediately parted into several categories. Certain debts are given special treatment and what can’t be discharged through bankruptcy. Medical debt, fortunately, is not one of them. Medical bills, in bankruptcy, are considered very common types of unsecured debts like the credit cards, meaning medical bills don’t receive any priority treatment, and can easily be eliminated through bankruptcy.

3. Ways Bankruptcy Can Eliminate Medical Bills Based on the bankruptcy type you qualify for, you may or may not be able to discharge your medical debts by filing either Chapter 7 (which is the most common) or Chapter 13 bankruptcy (which is a bit more complex affair).

4. In Chapter 7 Bankruptcy Let’s assume you have qualified for Chapter 7 bankruptcy, your medical obligations will be eliminated along with other general debts. There is typically no edge to the amount of medical debt one can eliminate in Chapter 7 bankruptcy. But, to be eligible for Chapter 7, there must be a low disposable income on your end to qualify the Means Test. If you have paid any medical bill with your credit card, it will as well be eliminated along with the rest of your credit card bills).

5. Reach Out to Recovery Law Group For Enquiry We can potentially help you get the fresh start you need financially with a Chapter 7 Bankruptcy to eliminate your debt or a Chapter 13 Bankruptcy,please email at below mentioned email id: Email id:info@recoverylawgroup.com , support@recoverylawgroup.com Contact Us:https://www.recoverylawgroup.com/contact-us/ Social Channels: https://www.facebook.com/Recoverylawgroup/ https://www.linkedin.com/in/recovery-law-group-691087176/ https://twitter.com/LawRecovery https://www.instagram.com/recoverylawgroup_attorneys/