Providing Financial Solutions to Excessive Health Care Expenses for Over10 Years
Even people with positive cash flow and extensive savings worry about the financial effects of sudden or high medical expenses. When an accident or unexpected illness occurs to people with an unsure financial footing, the resulting expense can be financially devastating.
At the Southern California law firm of Sobti Law Group, we have handled hundreds of bankruptcy cases, including numerous cases that:
- Involve extensive medical expenses
- Are necessary primarily because of medical expenses
Medical Expenses Are Usually Dischargeable Through Bankruptcy
Chapter 7 and Chapter 13 bankruptcy both allow for the elimination of unsecured debt. Chapter 7 accomplishes this by protecting, through exemptions, most if not all of your assets while liquidating your unsecured debt through a discharge. Chapter 13 eliminates debt through a court-approved repayment plan in which monthly payments are combined and shrunk. After a period of time (either three or five years depending on your income) the remaining debt is discharged.
Because medical bills are unsecured, they are dischargeable via bankruptcy. The attorneys of Sobti Law Group can meet with you, assess whether you are eligible for bankruptcy protection, then provide legal counsel and recommendations regarding how to best eliminate unmanageable debt.
Though bankruptcy offers many advantages, debt settlement negotiations also often result in the drastic elimination of medical bills. For more information about medical bills and collections and the lawyers of Sobti Law Group, contact our firm.
Contact Us
The attorneys of Sobti Law Group offer free consultations, are available for Saturday appointments by request, and speak English and Spanish as well as Armenian, Russian, Arabic, Persian, Hindi, and Punjabi. Our firm also operates offices in Corona, Beaumont and Orange and provides financial solutions directly from a lawyer. To contact us to learn more about bankruptcy, medical bills and collections, call 888-627-8013.
