Filing Bankruptcy Due To Medical Illness Is Not The Solution To Your Sleepless Nights
The medical bills are piling up in the mail box. You can't afford to pay them even with health insurance. Let alone without any insurance at all. So now you are considering bankruptcy as the only way out. Filing bankruptcy in the long run wont really solve the problem. What if you get sick again and the bills START piling up again? You can always file again in 7 years but you may end up with two bankruptcies ON your credit report. What is the solution to this stressful problem?
You can get someone else to pay for them. Especially if you are unemployed and have large amounts of medical debt. Apply for the medicaid PROGRAM through your state government. Whether you are a man or a woman you may qualify for aid. Although women, & pregnant women usually have a somewhat higher approval rate. You may even qualify if you have a mental disability like depression. Submit all of your bills along with the application.
You can take the route of credit repair and dispute the bills. Get a copy of an itemized Bill most likely you have been over charged. I was in the hospital once overnight and was billed $80.00 for 1 pill that was generic. I could buy a 90 day supply of that same drug at Wal-Mart for $10.00. Which brings up a good point. If you do get admitted to the hospital bring your own medication. The hospital will jack up the price of whatever medication you are prescribed. I wrote an ebook that goes into great detail about repairing your credit from medical debt. Visit my site for more details.
If you are worried about finding a job with a bankruptcy ON your credit report and your fears are limited some. Usually the banking, finance, & gaming industries pay close attention to checking your credit report. Bad credit gives them the idea that you are a higher risk because you might steal from the company. Many years ago I applied for a job with a credit union. They wouldn't hire me because at the time I had a lot of unpaid medical bills in collections reporting ON my credit report. And I had no intentions ON stealing any money to pay them. In fact I forgot they were there in the first place.
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