Medical Bills Massachusetts Bankruptcy

Published June 22, 2021 | By Robert S. Simonian

Medical bills and Massachusetts bankruptcy. The cost of healthcare in the United States has increased in recent years. As a result, Americans have taken on large amounts of medical debts and bills that they cannot afford. This affects Massachusetts residents.

This problem is bad. Charities use donations to pay peoples medical debts. This means, charities buy the debts from medical providers so that the patients no longer owe money to the provider.

Medical bills and debt are a very big cause of bankruptcy for Americans

People need relief from these debts. If charitable relief is not available then people often have to resort to filing bankruptcy. Medical providers often resort to hiring collection agencies. For patients that are unable to pay medical debts are sued in court. Unfortunately for many, medical bills & Massachusetts bankruptcy go hand in hand.

Experts feel that this is an indication that our health care system is broken. The cost of healthcare is very high. The cost of medical insurance is very high. The deductibles that people must pay are often very expensive. Bankruptcy may be the only option for many patients that cannot pay their bills.

Approximately 21 million Americans have $46 billion of medical debt as of April 2021. They face collections or lawsuits for the money owed. If they cannot afford to pay then Americans and Massachusetts residents have to file bankruptcy due to medical debts.

Americans spend far more on health insurance than other countries compared to Germany and the Netherlands. Healthcare is not affordable to many Americans. As result of rising cost, people do not have medical insurance that meets their needs. Some people have health insurance plans that they cannot afford. The insurance premiums and deductibles exceed what their incomes allow them to pay. Americans are pushed into bankruptcy because medical debts are overwhelming. This can cause a lot of stress and concern. Many people do not have medical insurance. A medical emergency will cause Massachusetts residents to file bankruptcy.

Quality health care is not affordable for an estimated 46 million Americans

Medical debts cause Massachusetts citizens to file for bankruptcy. Emergency room visits account for a lot of medical debt. Doctor visits and medical specialists account for a large portion of medical debt in America. Childbirth and related medical expenses drive people into bankruptcy if they cannot afford the medical bills. Dental care and related medical expenses cause people to file bankruptcy for the bills they cannot afford to pay.

There are many reasons that people file for bankruptcy. Medical expenses do have an effect on people’s financial situations. Some financially responsible people have to file for bankruptcy. For others, the expenses are the final push over the financial cliff and into bankruptcy. Call us today if you have questions about medical bills Massachusetts bankruptcy.

The debate over medical expense bankruptcy will continue for the foreseeable future. Politicians spin the numbers to work for the votes they need. Medical expenses influence people to file for bankruptcy in America. Bankruptcy petitions include medical bills. Bankruptcy discharges medical bills. If you have questions about bankruptcy and medical bills that you can’t afford please visit our website.

Researchers disagree on the evidence for medical bills causing bankruptcies

The reasons for filing do not have to be stated when a debtor files for bankruptcy. As a result, estimates are based on surveys. The answer will depend on how researchers phrase their questions, and how the survey respondents define the cause of their bankruptcy filing.

A variety of factors cause bankruptcies. Many people with medical debt have other debts like credit cards debts and personal loans. The low income, those without savings and loss of a job now trigger a bankruptcy filing. Medical bills & Massachusetts bankruptcy filings are related.

Medical debts are often unexpected and many Americans live paycheck to paycheck for a number of reasons including the economy in Massachusetts. Unexpected or sudden medical bill causes problems in the financial lives of people. This often leads to bankruptcy. Many people are not aware that a particular hospital or medical provider was not part of their insurance plan. As insurance companies deny insurance claims people file for bankruptcy.

BANKRUPTCY – UNDECIDED OR UNSURE WHAT TO DO?

Talk To Us About Your Options:

We always tell potential clients to talk to us first to see if bankruptcy is in their best interest. The consultation is always free. Talk with Attorney Robert Simonian or Attorney Anthony Bucacci in private and in total confidentiality to see if filing bankruptcy in Massachusetts is right for you.

We can almost always come up with a solution to your financial problem. We have filed over 10,000 cases in the past 26 years and there are very few scenarios that we have not seen. We are known for our hard work, diligence, creativity and problem solving abilities. Often we are the bankruptcy attorneys other attorneys come to with difficult cases. Call today to see what we can do for you and what options are available. Often people believe they are the only ones with financial problems and are embarrassed of their situation. This is simply not true and many famous people have had to file for bankruptcy to get a fresh start.

Why Call Bucacci & Simonian:

We are known as one of the best bankruptcy attorneys in Southeastern Massachusetts serving the Bristol County and Plymouth County areas. Please inquire with anyone as to our reputation. Reputation is everything and we are very proud of ours. We have received numerous awards from various agencies and courts including the Bankruptcy Court in Boston, Massachusetts.

Using our knowledge and skill we have had several clients complete their five year Chapter 13 bankruptcy plans where they own their home FREE & CLEAR OF MORTGAGES. We understand how important it is to save clients’ homes from foreclosure, keep their cars from being repossessed and stop creditors from suing them and attaching their wages or attempting to seize their assets. This can be stopped almost instantly and we make every effort to be very available to your clients and can accommodate emergency situations. One of our most famous cases involved saving a clients’s multi-family home. https://www.courtlistener.com/opinion/1863802/in-re-brizida/

What to Avoid:

Do not attempt to file for bankruptcy on your own. You can make your situation much, much worse. If the bankruptcy petition is not correct you could lose your home, your car or possessions or you could be asked to file a different kind of bankruptcy where you have to make monthly payments when it could have been avoided. If you are not properly represented a bankruptcy trustee may foreclose on your house, allow your car to be repossessed, seize a tax refund or other assets. You could file under the wrong chapter, apply the wrong exemptions, fail to file all of the necessary forms or not understand the significance of important forms.

Protect Yourself:

Call us today for a free and complete bankruptcy consultation. We can protect you from your creditors and protect your home, cars, jewelry and other assets. Creditors and collection lawyers have a job to do and it may seem that they are heartless and will take anything they can from you. They are represented and you should be too. Call us today. The Federal Bankruptcy Court indicated that seeking the advice of a qualified attorney is strongly recommended. https://www.uscourts.gov/services-forms/bankruptcy/filing-without-attorney