Bankruptcy May Solve Medical
and Credit Card Debt


Medical debt is the most common reason people file for bankruptcy. Whether they lack insurance or experience a health crisis, the expenses can be considerable. Medical bills can affect all of your finances, making it impossible to pay other bills, including credit cards.

At Ward & Spires, LLC, we understand the problems that medical bills and credit card debt can cause. If you are struggling with these types of debts, filing for Chapter 7 or Chapter 13 bankruptcy may be a good solution. We can review your finances and discuss your debt-relief options. Please call our office at 706-724- 2640 to schedule an appointment with an Augusta credit card debt attorney. Your consultation is free.

You May Be Able to Discharge These Debts

Medical bills and credit card debt are unsecured debts that are usually discharged under Chapter 7 bankruptcy and occasionally under Chapter 13 bankruptcy. Typically, however, under Chapter 13, you will make payments on your medical debt for three to five years.   Many people who file for bankruptcy because of medical bill debt have health insurance. However, they may be unable to handle high copays and deductibles, medical bills for a spouse or child, or a denied claim. Or, if policy holders fall ill or must care for an ill family member, they may lose their jobs and their health insurance.

Credit card debt can get out of control quickly. Credit card companies assess late fees and increased annual percentage rates that cause the debt to multiply. If you miss just a few payments, you may find that your debt is unmanageable.  Generally, you can discharge credit card debt unless you took a large cash advance within 90 days of filing for bankruptcy, had a significant increase in purchases shortly before filing or applied for the card using fraudulent information.

For a free consultation with a Georgia medical debt lawyer, please call 706-724-2640 or contact us online.