According to CNBC, 137 million Americans have medical debt that they cannot tackle. Medical debt is the leading cause of Americans who seek to cash in their retirement or 401(k). No one can prevent medical bills from occurring. Accidents happen, illnesses are not always preventable. If a person experiences a health crisis, they could lose tens of thousands of dollars, if not more. 

Unpaid medical bills are a serious financial hardship. There are ways, however, that you can try to ease that burden. One way is through negotiation. You can negotiate your bills before, during and after medical care. Look at your bill and ensure that you underwent every procedure listed on the bill. There are cases where patients face charges for procedures that did not occur. If you cannot pay, you can research medical organizations that offer charity services or forgiveness. Some hospitals may even allow you to go on a payment plan. 

If these options do not work, then you may have to file for bankruptcy. Medical debts are unsecured debts. This allows you to discharge said debts in a Chapter 7 bankruptcy, as long as your income prevents you from paying your debts. If you do not qualify for Chapter 7, however, you can still file for Chapter 13 bankruptcy. Chapter 13 provides you with a way to manage your debts. 

Even though Chapter 13 will not erase your debt, it can still be a helpful tool for you to get on top of your debts. For more information about bankruptcy and medical debt, visit our web page.