Medical Debt

How can you escape your medical debt?

If you tell someone you are thinking of filing for bankruptcy, they may assume you have been too free and easy with your credit cards. Yet, often the reason people max out their cards is to cover medical bills. A 2018 report found that 530,000 families who filed for...

Even minor medical issues may be too expensive

In the United States, medical care is notoriously extremely expensive. Americans pay thousands for procedures that are free in other countries.  What this means is that even a minor issue may cost far more than most people just have on hand. When people think of...

Is medical debt really out of control in America?

The short answer to this question is, “Yes, yes it is.” According to reports from the U.S. Census Bureau data, 19% of American households -- nearly one out of every five -- is struggling under the weight of unpaid medical debts. This is problematic for a number of...

Medical debt challenges in America continue in 2021

Medical debt is a significant problem in America that leads many people to turn to bankruptcy. As of an April 7 report by the United States Census Bureau, 19% of households in America admitted that they could not afford to pay for medical care that they had previously...