When dealing with a medical crisis, the last thing you want to worry about is the financial burden that comes with it. Unfortunately, medical bills can stack up quickly, and it is not uncommon for individuals to find themselves drowning in debt. This was the case for my client Susie. She felt overwhelmed, and her creditors were hounding her relentlessly, leading her to a dark place where she even attempted suicide. In this blog post, I will share how Susie found hope and relief through Chapter Seven bankruptcy and how it could help you, too.
What Is Chapter 7 Bankruptcy?
Chapter Seven bankruptcy is a legal process designed to help individuals and businesses eliminate unsecured debts, such as medical bills, credit card debt, and utility bills. This type of bankruptcy allows filers to discharge their debts, leaving them with a clean slate. This process may seem daunting, but an experienced bankruptcy attorney can guide you through it and ensure that your assets are protected.
For Susie, Chapter Seven bankruptcy was the answer to her prayers. She had accumulated medical bills that were putting a lot of pressure on her, and her creditors’ relentless calls only worsened her depression. As soon as we filed her case, the harassing phone calls stopped, and she felt a weight lifted off her shoulders. With her debts discharged, she could focus on her mental and physical health and rebuild her life.
Medical Debt in Bankruptcy
It is crucial to note that not all medical debt will qualify for discharge in Chapter Seven bankruptcy. However, it is still worth discussing your options with a bankruptcy attorney because alternative solutions are available, such as Chapter 13 bankruptcy or debt settlement. An experienced attorney will assess your situation and determine the best course of action based on your circumstances.
Bankruptcy Provides a Fresh Start
It is understandable if you feel hesitant or embarrassed to file for bankruptcy. The truth is that bankruptcy was designed to provide a fresh start to individuals or businesses struggling financially. It is not something to be ashamed of, and you are not alone. Many people have turned to bankruptcy to get a second chance. Susie herself admitted that she felt relieved and grateful for the help she received, and it even saved her life.
Medical crises can be overwhelming, and the financial burden that comes with them only adds to the stress. The good news is there are solutions to help you get back on track. Chapter Seven bankruptcy is just one of the options available that can eliminate your debts and give you a fresh start. If you are in a situation like Susie’s, help is available, and it doesn’t cost anything to call and discuss your options. Don’t suffer in silence. Take that first step towards finding financial freedom.
Contact Experienced Bankruptcy Attorneys for the Help You Need
The bankruptcy attorneys at OlsenDaines are here to help you with every step of the bankruptcy process. We are the largest and most experienced consumer bankruptcy law firm in the Pacific NW, with offices throughout Oregon and Washington. We can address your financial difficulties with the expertise and careful planning you are seeking. Contact us to schedule your free case evaluation today!