Facing Overwhelming Medical Bills?
Let Our Naperville Bankruptcy Lawyers Help You
Many unforeseen disasters can cause a person to file for bankruptcy, but the most common reasons are because of medical bills. Harvard University recently conducted a study that found that 62% of all personal bankruptcy filings in 2007 were due to medical bills. Even more shocking is that 78% of the people filing for bankruptcy due to overwhelming medical bills had health insurance! Even a relatively minor medical emergency can result in massive hospital bills that, in many cases, your health insurance will not cover. Healthcare expenses are always increasing, and, today, a single hospital visit can result in hundreds of thousands of dollars of bills. Debt collectors are ruthless in pursuing these payments, which often means phone calls at your home and office, lawsuits and wage garnishments.
Medical bills are unique in that they often do not show up on your credit report. People often mistakenly believe that the bills have simply vanished, but this is not the case. Debt collectors will go after these debts – sometimes years after your hospital visit. These demands for immediate payment often catch us off guard. However, a Naperville bankruptcy attorney from the Naperville Law Offices of Schneider and Stone can help you protect your rights. Contact our firm today to set up a free consultation with our legal professionals.
Filing for Bankruptcy Can Wipe the Slate Clean
Contrary to popular belief, you do not commit yourself to financial ruin by filing for bankruptcy. Quite the opposite: bankruptcy can be a second chance for you to get your finances in order. You may be able to eliminate or restructure your debts, and you will get creditors off your back so that you can go on living your life. Best of all, you can probably do all of this without giving up your home, your car or other property. Our bankruptcy attorneys can help you with any number of issues, including:
- Filing for Chapter 7 Bankruptcy
- Filing for Chapter 11 Bankruptcy
- Filing for Chapter 13 Bankruptcy
- Stopping foreclosure proceedings on your house
Call Our Firm Today
Our attorneys understand that filing for bankruptcy can be scary – but it does not have to be. We have compiled this list of frequently asked questions to help you understand how the process works. Of course, the best way to learn more about your options is to contact our lawyers and see what we can do for you. Do not suffer needlessly due to overwhelming medical bills. Let a Naperville bankruptcy lawyer from the Naperville Law Offices of Schneider and Stone help you get out from under your medical bills.