Did you know that millions of Americans struggle to pay medical bills?
That's shocking! In fact the
Washington Post reported that 79 million Americans struggle to pay their medical bills. Nearly
two-thirds of adult Americans reported that they struggled to pay medical
bills or debt, had to refuse needed care due to cost, or were uninsured
or underinsured, resulting in high out-of-pocket medical costs.
In a story featured in the
Statesman, a woman reconnected with her high school sweetheart during middle age,
but soon after, lost him to liver disease. After his death, she soon went
broke trying to pay her spouse's medical bills. Eventually she filed
for bankruptcy, but not before she had lost her home.
When Things Feel Out of Control
Medical bills are a leading cause of financial stress in this country,
but too many people wait too long before they get help and take a serious
inventory of their financial picture. It’s important to know if
those moments that all is not lost. There are several options available
to you that can help improve your situation and move you to financial
empowerment. For example, sometimes you can restructure or even settle
medical debt; but you do need to move fast. Once your medical bills go
to a debt collection agency it will be much more difficult to negotiate
Contact a Dallas Bankruptcy Lawyer
If you see that your medical bills are causing you to fall behind on payments
for the financial essentials such as housing, food, and savings for an
emergency, it may be time to seek help from a professional debt counselor.
Contact Allmand Law today and speak with our Dallas bankruptcy lawyer during a
free, initial case evaluation. We can assess you options and help you get started addressing your financial concerns.