Medical Debt | Reed Law Firm, P.A. https://www.reedlawsc.com Columbia SC Bankruptcy Lawyer | Florence Debt Relief Attorney South Carolina Wed, 13 Jan 2021 15:44:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://www.reedlawsc.com/wp-content/uploads/sites/1201465/2019/08/cropped-favicon-32x32.png Medical Debt | Reed Law Firm, P.A. https://www.reedlawsc.com 32 32 The link between bankruptcy and medical debt https://www.reedlawsc.com/blog/2021/01/the-link-between-bankruptcy-and-medical-debt/ Wed, 13 Jan 2021 15:44:16 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/?p=48628 Many people equate financial trouble with a dire monetary collapse. In truth, a significant number of Americans are one or two unexpected expenditures away from debt challenges. These unexpected expenses could be related to home repair or medical bills. Additionally, life events such as job loss or divorce can send finances spiraling out of control. Fortunately, bankruptcy exists as a…

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]]> North Carolina church pays off $2 millions of residents’ medical debt https://www.reedlawsc.com/blog/2020/04/north-carolina-church-pays-off-2-millions-of-residents-medical-debt/ Fri, 17 Apr 2020 14:31:29 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/?p=48388 For many people who are just getting by, a medical emergency is more than a potentially life-threatening event. If you do not have health insurance or your insurance is not enough, you could be facing thousands of dollars in bills. A 911 call can lead to an ambulance ride to the hospital, an examination by ER doctors, and possibly emergency…

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]]> Ways to tackle medical debt https://www.reedlawsc.com/blog/2019/07/ways-to-tackle-medical-debt/ Fri, 05 Jul 2019 05:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2019/07/ways-to-tackle-medical-debt/ Going through an illness or suffering from an injury can be stressful in itself. But knowing that the treatment that you are gaining is causing you to acquire a mountain of debt can be enough to affect your mental health and your enjoyment of life. No one should have to suffer crippling debts simply because they needed medical services, but…

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]]> Your health should not have to suffer due to medical debt https://www.reedlawsc.com/blog/2019/05/your-health-should-not-have-to-suffer-due-to-medical-debt/ Thu, 30 May 2019 05:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2019/05/your-health-should-not-have-to-suffer-due-to-medical-debt/ If you have been suffering from ill health recently, the associated costs may have been unexpected and not fully covered by your insurance. Sadly, many people suffer from financial difficulties due to medical bills in the United States. This can lead to patients feeling extremely stressed, which can additionally lead to difficulty making a full recovery, and even chronic illness.…

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]]> Is bankruptcy the best way to address medical debt? https://www.reedlawsc.com/blog/2019/04/is-bankruptcy-the-best-way-to-address-medical-debt/ Fri, 26 Apr 2019 05:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2019/04/is-bankruptcy-the-best-way-to-address-medical-debt/ Medical debt can be crippling because your illness will likely make it difficult for you to work to pay back these debts. Additionally, the stress of debt accumulation can prevent you from being able to recover from your illness fully. It is important to prioritize your health over everything else. This means that you should try not to let the…

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]]> How to deal with surprise medical expenses https://www.reedlawsc.com/blog/2019/04/how-to-deal-with-surprise-medical-expenses/ Thu, 18 Apr 2019 05:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2019/04/how-to-deal-with-surprise-medical-expenses/ There's a reason why the news is constantly pumping out story after story about people struggling to deal with their medical bills. It's because health care expenses can eat up a serious chunk of your budget, and surprise medical expenses can be absolutely crippling. You hear about stories like the woman who got a bill for $4,727 for an appendectomy…

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]]> How Chapter 7 bankruptcy could alleviate medical debt https://www.reedlawsc.com/blog/2019/03/how-chapter-7-bankruptcy-could-alleviate-medical-debt/ Fri, 15 Mar 2019 05:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2019/03/how-chapter-7-bankruptcy-could-alleviate-medical-debt/ Even the most financially responsible people are subject to situations that are beyond their control. While you may have a reasonable amount of savings and a reliable job, medical issues that are not covered by insurance can have the power to land anyone in a very stressful situation. If your financial situation has been damaged by unforeseen medical bills, it…

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]]> How Chapter 7 bankruptcy can help address medical debts https://www.reedlawsc.com/blog/2019/02/how-chapter-7-bankruptcy-can-help-address-medical-debts/ Fri, 08 Feb 2019 06:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2019/02/how-chapter-7-bankruptcy-can-help-address-medical-debts/ If you are suffering financially due to unexpected medical bills, the situation may feel completely out of your control. Medical debt can be particularly problematic for a person’s finances because a person needing medical attention may also be losing wages as a result of not being able to work. Your health should be the top priority when making any medical…

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]]> How to mange your medical debt https://www.reedlawsc.com/blog/2019/01/how-to-mange-your-medical-debt/ Fri, 04 Jan 2019 06:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2019/01/how-to-mange-your-medical-debt/ Dealing with a sudden illness can be emotionally and physically crippling. It can be very stressful to know that you will have to undergo grueling treatment or a serious operation, and having uncertainties about your prognosis can be very stressful indeed. When your health insurance is lacking in coverage for your medical needs, financial stress can also bring a significant…

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]]> Medical debt, lower incomes pushing seniors into bankruptcy https://www.reedlawsc.com/blog/2018/08/medical-debt-lower-incomes-pushing-seniors-into-bankruptcy/ Thu, 23 Aug 2018 05:00:00 +0000 https://3130060-fork.findlaw2.flsitebuilder.com/blog/2018/08/medical-debt-lower-incomes-pushing-seniors-into-bankruptcy/ The idea of a peaceful retirement in which people stop working and live out their remaining years peacefully is no longer a reality for many. Dwindling incomes and soaring health care costs are creating a financial storm for Americans over the age of 65. Now, bankruptcy because of medical debt is sadly not that uncommon for this group.  A couple…

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