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A medical emergency can be a frightening experience. Many people in Connecticut and across the country may find themselves facing an unexpected medical event that leads to a trip to the emergency room, medical treatment and, unfortunately, significant medical bills. Though individuals will certainly feel relief when they are out of the woods in regard to the health scare, they may feel the effects of the medical expenses for some time. It may even be necessary to start considering debt relief.

It is no secret that medical attention is immensely expensive. On top of regular costs, needing emergency care can add thousands of dollars to any medical bill. Though receiving care may have been unavoidable, it often leaves individuals struggling to pay off their remaining balances, even if they have health insurance. If the situation becomes too much, they may feel they have no other choice than to file for Chapter 7 bankruptcy.

Chapter 7 is known as liquidation bankruptcy, and it can be a viable option for addressing medical debt for many struggling individuals. However, it is important to note that bankruptcy does not only address one type of debt. Individuals taking this route would need to disclose all of their outstanding balances, and the process can be complex at times.

Of course, it is also necessary for individuals to qualify for Chapter 7 bankruptcy. If Connecticut residents are interested in exploring this debt relief option further, they may want to ensure that they obtain reliable information that applies to their specific circumstances. Speaking with experienced bankruptcy attorneys could help concerned individuals better understand their options.