Crown Point Denied Insurance Claim Lawyer
A study published by The American Journal of Medicine reports that more than 60 percent of bankruptcies are caused by medical bills. If you are in serious debt because of medical expenses or if you are receiving calls from creditors, you need an experienced bankruptcy attorney to help you.
My name is Andrew L. Kraemer and I am a Merrillville medical bill debt relief attorney. I have 20 years of experience helping people in Indiana through financial and legal difficulties. To make an appointment, please call my office at 219-472-1441 today. Your initial consultation is free.
Medical Debt and Bankruptcy
One step in deciding whether to file bankruptcy is to examine your secured and unsecured debt. The type and amount of debt you have is one factor in determining whether Chapter 7 or Chapter 13 bankruptcy is right for you.
Unsecured debt has no tangible property or collateral to secure the loan or amount owed. There is nothing to repossess in these situations. Unsecured debt, such as medical bill debt, is usually discharged under Chapter 7 bankruptcy and occasionally under Chapter 13 bankruptcy. In general, however, under Chapter 13, you will make payments on your medical debt for three to five years.
The majority of people who file for bankruptcy because of medical bill debt have health insurance. However, if they become too ill to work, they often lose their job and insurance. In addition, they may be struggling with:
- Co-pays and deductibles
- Guaranteed bills for spouse or child
- A denied insurance claim
Filing for bankruptcy gives you an automatic stay from creditor actions. If you are being harassed because of medical debt, bankruptcy will put an end to it. For a free initial consultation, please call 219-472-1441 or contact me online.