Augusta Georgia Bankruptcy attorneys – Medical expenses

Augusta Georgia Bankruptcy attorneys – Medical expenses

Medical expenses in Augusta Georgia

When you have huge medical debt, filing a Chapter 7 Bankruptcy can discharge your medical bills completely. If the bankruptcy means test shows you qualify to file for Chapter 7, it will permit you to eliminate medical debt, hospital charges, doctor expenses, medical collections, dental expenses, as well as most type of medical debt. Medical bills are treated as unsecured debts, and will be considered in bankruptcy similar to credit cards. Therefore, medical bills can be completely discharged in a Chapter 7 Bankruptcy.

When the bankruptcy means test dictates that you arent eligible to file for Chapter 7 Bankruptcy, you may instead select to file for Chapter 13 Bankruptcy. A Chapter 13 Bankruptcy is a court administered payment plan which will permit you to keep your most important assets while paying off your debts over time. If you file for Chapter 13 Bankruptcy you might be able to significantly reduce your medical debt. Chapter 13 can permit you to repay the medical expenses over a 3 to 5 year period of time depending on your disposable income. Many times, Chapter 13 Bankruptcy forces unsecured creditors such as medical providers, hospitals, and doctors to accept pennies on the dollar.