Photo by pina messina on Unsplash. Two major recent developments with the Affordable Care Act: a Special Enrollment Period is open until August 15, and coverage costs less. Our last several weeks of blog posts have been about health insurance and medical bills. Two weeks ago we got into the topic of health insurance and bankruptcy. Last week was a … Read More
Photo by Martha Dominguez de Gouveia on Unsplash. There is no such thing, legally speaking, as a medical bankruptcy. However, the majority of personal bankruptcies have a medical cause. The last two weeks we’ve written about health insurance. Two weeks ago we discussed the 6 months of free health insurance provided by the recent American Rescue Plan Act. Last week … Read More
Photo by Owen Beard on Unsplash. Health insurance is extremely important, for lots of reasons. Chapter 7 and Chapter 13 can both help you get and keep your health insurance. Last week we discussed the 6 months of free health insurance provided by the recent American Rescue Plan Act. It may apply to you if you lost your job and … Read More
Sometimes life simply dishes out some bad luck. A bad car accident. A serious illness. Bankruptcy turns these lemons of life into lemonade.
If it’s been many months and your medical bills aren’t being paid, and may never be, bankruptcy can give you immediate and permanent relief.
The trend of reduced cost increases should at least partially continue even as the economy improves. But it’s a different story for your personal budget.