Being in need of medical care and fearing the costs associated with that care is a scenario that too many individuals face. In many cases, South Carolina residents take the steps toward bettering their health only to face severe stress over the related expenses that leave them wondering how they will handle the costs. There are various steps individuals can take to address their medical debt, and bankruptcy may be worth considering. 

One of the first steps individuals may wish to take is to estimate how much their care will cost. There may be instances in which individuals can find credible providers to perform needed procedures at less expensive costs than others. Additionally, health insurance may also be able to cover some of the costs, in some cases. 

However, because medical procedures and treatments often come at high costs, searching for affordable care and hoping insurance will cover expenses may not be enough. Being saddled with thousands of dollars in medical debt may create more issues, and parties may find themselves questioning whether the treatment was worth it. In a perfect world, no one would face such a situation, but for those who do, bankruptcy may be able to discharge some or all medical debt an individual has.

There are different types of bankruptcy; therefore, individuals with medical debt may wish to find out more information. South Carolina residents may be able to qualify for Chapter 7 or Chapter 13 bankruptcy that could help them move toward more stable financial situations. Discussing their particular circumstances with experienced attorneys could help concerned individuals determine whether this option could be right for them.

Source: Forbes, “7 Ways To Avoid Or Reduce Medical Debt”, Kerri Fivecoat-Campbell, Nov. 7, 2016