Medical Bill Debt
When a person suffers from an unexpected medical condition, the results can be catastrophic. Not only might the person be left with physical pain and long-lasting health complications, but the financial burdens of the situation can take a heavy toll on the victim and his or her family. Staggering medical bills, medication costs, and missed work time can quickly lead to a substantial amount of debt.
When the debt from medical procedures and constant calls from collection agencies becomes too much to handle, bankruptcy may be a way to overcome significant financial hurdles. The experienced New Orleans bankruptcy lawyers of the Law Offices of the Law Office of David D. Kervin, Jr., LLC can help you determine the proper course of action for your situation. Contact us today at 504-599-5906 for more information.
Medical Bills and Bankruptcy Statistics
Though being forced into bankruptcy by heavy medical bills is frightening for many people, they are far from alone in their situation:
- Over 50% of personal bankruptcies in 2003 and 2004 were caused by medical debt.
- In 2003, 40% of bankruptcy filings were caused by medical debts under $5,000, while 13% of filers had medical debts over $10,000.
Despite the fact that many of these cases dealt with fairly small amounts of debt, hospitals and doctors often rush to turn the cases over to collection agencies or even file lawsuits. You can protect yourself by seeking the assistance of an experienced attorney.
Contact Us
The New Orleans bankruptcy lawyers of the Law Office of David D. Kervin, Jr. strive to ensure that our clients get a fresh financial start. If you are struggling with debt caused by medical bills, contact the Law Offices of the Law Office of David D. Kervin, Jr., LLC at 504-599-5906 to discuss the specifics of your case.