Even with the best insurance, medical bills can become a crippling weight for many families. If you find you cannot handle your bills for your hospital or doctor visit, it may be time to consider bankruptcy. There are two main options that will handle your medical expenses differently, depending on your situation.
The first thing to know is that medical bills are considered “dischargeable debt.” This means that if the court grants your bankruptcy, you are no longer held personally liable for it. This is especially important if you are considering chapter 7 bankruptcy.