You Deserve Financial Relief

Russell G. Small

Tips for dealing with medical debt

People in Connecticut who are struggling with medical debt are not alone. They are among around 137 million people throughout the country who are in the same situation. Many of them are like one 59-year-old woman who lost her job in 2013 and could not keep up with her COBRA payments.

After becoming uninsured, she had several medical emergencies, including kidney stones and a broken leg. Her bills mounted. Surgery as a result of her broken leg was $60,000, and other invoices arrived with figures exceeding $19,000 and $36,000. She said she did not know how much she owed. She spent the $20,000 she had saved for retirement and said she was considering bankruptcy.

A surgeon and professor at Johns Hopkins has been working to improve the system for patients, including helping them for free in court when they are sued for unpaid bills. He says many people do not realize they can find huge differences in the cost of procedures if they shop around. Furthermore, even in emergency situations, they do not have to sign financial paperwork but instead can write that they did not read or consent to it in the signature line. Some bills are negotiable. People should be cautious about draining their retirement savings to pay off debt.

People may be unaware that if they file for bankruptcy, retirement assets are exempt. With a Chapter 7 bankruptcy, a person may be able to discharge most debts with a few exceptions, such as tax and student loan debt. An attorney may be able to advise a person regarding the pros and cons of filing for bankruptcy and whether the person qualifies for Chapter 7. Those who are concerned about bills that they cannot pay may contact contact the Law Office of Russell Gary Small PC to find out what their debt relief options are.

No Comments

Leave a comment
Comment Information

How can we help?

Financial Freedom Is Just A Call Away

When you are overwhelmed by debt, we can help you explore your options and find relief. Should you choose to file for bankruptcy, calls from creditors and debt collectors come to a stop almost immediately, allowing you to get back to living your life.

Call us today at 800-261-3275 or contact us online to schedule a consultation. Our firm offers evening and weekend appointments and home visits. Credit cards and payment plans are accepted. Se habla Español.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Email Us For A Response

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

get in touch

The Law Office of Russell Gary Small, P.C.

3715 Main Street
Suite 406
Bridgeport, CT 06606

Map & Directions

Hours of Operations:

Monday-Friday:
9 a.m.-6 p.m.
Saturday & Sunday:
By Appointment Only