Medical Debt

There have been widespread employee layoffs across the federal government and talk about doing away with some federal agencies completely. Among these is the Consumer Financial Protection Bureau (CFPB). If the CFPB is gutted, many current and pending regulations to...

Health emergencies can strike without warning, instantly turning life upside down. The financial toll of such circumstances can be truly devastating. This is especially due to the ever-increasing healthcare costs and the fact that insurance coverage may not fully...

Health insurance helps protect people from the often staggering expenses associated with modern medical care. Insurance covers routine checkups and immunizations as well as emergency treatments after someone gets hurt. There is often an expectation that having...

Chapter 7 bankruptcy can provide significant relief for individuals burdened by overwhelming medical debt. Medical expenses are a common cause of financial issues and filing for Chapter 7 bankruptcy in North Carolina offers a potential solution for those struggling to...

Nobody expects a long-term illness to drain them financially, yet too many people find themselves in such scenarios when medical bills start piling up.  Add in income lost due to missed work days, and it isn't hard for someone with a chronic illness to end up facing...

A medical emergency can happen anywhere at any time. Let’s say you’re at your in-law's house for Thanksgiving. You try to help by removing the turkey from the oven and you severely burn yourself. Your mother-in-law calls for an ambulance and you find yourself at a...

Glance at the headlines on any given day in the United States, and you’ll probably see something about the growing medical debt burden carried by the average citizen. Back in 2020, it was estimated that Americans owed a combined total of roughly $81 billion in unpaid...

Being in debt can be stressful. Debt collection agencies can be relentless.  Debt collectors can be aggressive in their methods, even breaking the law sometimes. Being in debt does not mean you sacrifice your legal rights. You’re not obliged to succumb to the unlawful...

When you receive a medical bill that is thousands of dollars, the shock of the price tag alone may make you set aside the bill for another time. Putting off paying will only end up having the bill go to collections. Once a bill goes to collections, the collectors will...

If you are struggling to pay your medical bills, it may be possible to have them eliminated by filing for bankruptcy. In addition to obtaining debt relief in a timely manner, you will likely be entitled to an automatic stay of creditor collection activities by doing...