As they are considered unsecured debts, most credit card debt and medical bills can be discharged in bankruptcy. This means that the individual who accumulated the bills will no longer be responsible for repaying the money owed. These creditors also may not continue to attempt to collect on the debt, as you will no longer legally be obligated to pay. However, bankruptcy protection must be sought for these debts to be discharged.
At the Jacksonville, Florida, law firm of Sacks & Sacks, P.A., we are a firm that understands the emotions and anxiety that often accompany financial problems. When bills are overwhelming, it may affect your entire life and your family. Our attorneys strive to help clients understand their rights and how filing for Chapter 7 or Chapter 13 bankruptcy protection may help. We take the time explain how debt discharge may bring medical bill or credit card relief.
Once bankruptcy is filed, there is an automatic stay in place that prevents your creditors from contacting and harassing you. Any contact from creditors regarding medical bills, credit card bills or other debts should go through us, your attorneys.
As the price of medical services skyrockets, many individuals find themselves with mounting medical bills. The bills may continue to accumulate if a health issue persists. Unfortunately, medical bills are the tipping point that pushes many people into filing for bankruptcy. However, since medical bills are dischargeable in bankruptcy, this is a responsible step forward that can allow you to regain control of your finances so you can focus on your healing.
Credit Card Debt
As the economy struggled, many individuals were becoming less able to pay on their credit cards and relying on them for daily expenses. This resulted in increasing balances and interest rates, often becoming too much to handle. Instead of stopping payment on the bills and having the credit card company get a judgment against you, bankruptcy may be an option if you also have other debts. Our firm can review your credit card debts and recommend a course of action that helps you get back on your feet.
Contact a Jacksonville Bankruptcy and Credit Card Debt Lawyer
If you wish to discuss your credit card debt, medical bills or other debts, call 904-396-5557 or simply contact us online to schedule your free initial consultation with one of our Florida bankruptcy attorneys.