Bowie Medical Debt Relief Attorney

Skilled Bankruptcy Lawyer Helping With Overwhelming Medical Debt in Bowie, MD

A sudden injury or illness affecting you, your spouse, or your children will require professional medical treatment. Chronic conditions may have you spending more time in a doctor's office than in your home. These treatments can be outrageously expensive. Even if you have health insurance, many policies have extremely high deductibles and co-pays. You may be unable to work due to your condition, which can increase your financial burden. Sometimes, filing for bankruptcy is the only way to keep from drowning in debt.

Choosing Bloc One Services, LLC gives you Hope for a brighter future. Known as "the people's attorney," Hope Blocton understands that bad things can happen to good people. She wants to help you move forward from your mountain of medical debt and other types of debt by advising you on which type of bankruptcy is best for you and assisting with your bankruptcy filing. Whether you choose Chapter 7 or Chapter 13, she will be available at any time to answer your questions and discuss your concerns.

If Your Medical Debt Has You Struggling, You Are Not Alone

Medical debt is one of the most common reasons people file for bankruptcy. Unlike some other types of expenses, medical care is a necessity that you cannot afford to ignore. Out-of-pocket costs can be astronomical, even if you are covered by health insurance. While you may have been able to make and stick to a budget before, large payments toward medical debts could mean a lifetime of financial hardship.

Fortunately, medical debts are dischargeable through bankruptcy. If your healthcare providers are hounding you for payments or threatening to take legal action against you, they must stop those actions as soon as you file for bankruptcy due to the automatic stay that will go into effect. It will be much easier to think and plan how to deal with your debts when you are not constantly having to screen your calls or look over your shoulder.

Chapter 7

To file for Chapter 7 bankruptcy, you have to pass a means test. Your income will be compared to your state's median income after deducting eligible expenses, taking the size of your household into account. If you qualify, your dischargeable debts will be eliminated when the bankruptcy process is complete.

This type of bankruptcy is usually better for those with unsecured debts, which include outstanding medical bills. Some of your assets may be liquidated to pay your creditors, but most of what you own may be exempt. You can count on Attorney Hope Blocton to help you keep as much of your assets as possible while wiping away all eligible debts.

Chapter 13

If you have several secured debts or do not pass the Chapter 7 means test, Chapter 13 bankruptcy may benefit you. With this type of bankruptcy, you will provide information regarding your debts to the bankruptcy court. After evaluating your disposable income and your ability to pay, the court will create a repayment plan that will require you to make a single monthly payment to the bankruptcy trustee.

Your payment will be distributed to your creditors by the trustee. You will usually have to make those payments for three to five years. If you uphold your payment obligations to the trustee, any remaining dischargeable balances will be eliminated when you complete your repayment plan.

Call Our Bowie, Maryland Medical Debt and Bankruptcy Lawyer

When your medical debts are overwhelming, let Bloc One Services, LLC help you file for bankruptcy and start your journey to rebuilding your future with Hope. Call 240-200-0076 now to get started with your free consultation. If you prefer, you can also contact us online.