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  • Medical Debt and Bankruptcy: Finding Relief from Overwhelming Bills

    In 2018, the United States borrowed around $88 billion to manage and pay for the Healthcare department. According to the same report, if America hadn’t done this, the healthcare costs would ultimately drive them to bankruptcy. As around ⅓ of the total bankruptcy in the US contributes to the Medical Department, it is essential for everyone to know how to avoid medical debt and bankruptcy.

    The Pope Firm is an experienced bankruptcy litigator with qualifications in different sectors, especially in unsecured debts, child support, personal loans, trucking, real estate, and small businesses. We prepared this guide for you to explain the best ways to avoid medical bankruptcy, the best line of defense against a high medical bill, and to offer credit counseling.

    You can file for bankruptcy, but it should be considered an option. If you need to learn how to manage your Medical debts, we are here to help!

    How to Avoid Medical Debts and Bankruptcy?

    First, you must avoid getting sick to avoid high medical bills. Second, if you get sick, you need the knowledge to prevent Medical debts.

    Health Insurance

    This is important for citizens who have to visit the hospitals more frequently, i.e., someone with diabetes. Getting health insurance can significantly reduce the number of unpaid medical bills, as these will be covered effectively. But, you must ensure the insurance company has flexible terms that suit your needs and stay within your budget. Understand their insurance policy, including coverage limits, deductibles, and copayments.

    The Impact of Medical Bills on Bankruptcy

    Preventive Care

    Taking proactive measures to prevent or detect health issues early to reduce the risk of developing more severe conditions and going for medical treatment. The focus is on maintaining overall health and well-being through regular check-ups, screenings, and lifestyle changes.

    • Regular Health Check-ups
    • Screenings and Tests
    • Vaccinations
    • Regular Sleep
    • Limit Exposure to Environmental Risks
    • Stay Informed

    Healthy Lifestyle

    Just eating healthy food can eliminate thousands of medical issues, including heart disease, diabetes, heart rate, and much more. This means you are less likely to visit any hospital, hence, no medical dept! Adopt a healthy lifestyle to minimize the risk of chronic illnesses. Exercise regularly, maintain a balanced diet, get enough sleep, and manage stress.

    Debt Management Plans by The Pope Firm

    Debt Management Plan

    We understand the burden an unsecured debt can place on individuals and families. As dedicated debt attorneys, we aim to guide you toward financial freedom through strategic debt settlement solutions. As credit counselors, we will thoroughly evaluate your financial situation. We’ll discuss your unpaid medical debt, disposable income, and expenses.

    You will still have to pay medical debt significantly less than what you owe. The payment amount will be negotiated with the medical providers by evaluating your total debts and disposable income. However, it will impact your overall credit report and score.

    Understand Medical Bills

    As you receive healthcare services, you will be issued bills from various healthcare providers, including hospitals, clinics, and individual practitioners. Collect all these bills and associated documents. Verify that your personal information, such as your name, address, and insurance details, is accurately reflected on each bill.

    Any inaccuracies in this information should be corrected promptly to avoid complications in processing claims. If you find the process overwhelming or need assistance navigating the complexities of medical billing, consider seeking guidance from a bankruptcy attorney or credit counselor.

    Moreover, a typical Medical bill includes a list of services provided and corresponding codes and descriptions. Familiarize yourself with these service descriptions and codes to understand the nature of the charges. Lastly, confirm that the names and credentials of the medical providers listed on the bill match those who treated you. This helps prevent billing errors due to mistaken identity.

    Avoid Bankruptcy and Medical Debt

    Get a Medical Credit Card

    This credit card is designed to cover healthcare-related costs, including medical treatments, procedures, dental work, and even pet veterinary care. A network of healthcare providers and facilities typically accepts these credit cards. While this may not seem like an optimal solution, it can help you get out of your medical debts quicker.

    Many medical credit cards offer promotional financing options, such as interest-free periods or low interest rates for a specified duration. This flexibility can make it easier for you to manage your payments over time. However, be aware of the interest rates that apply after any promotional period. The interest rates may become relatively high if you cannot pay off the balance within the promotional period.


    We are dedicated debt attorneys and credit counselors who conduct thorough evaluations of your financial situation, working towards strategic debt settlement solutions. Our commitment to guiding you through these challenges ensures you can confidently face the future. Contact us today to explore personalized solutions tailored to your unique circumstances and take the first step toward a debt-free future.

    Get a Medical Credit Card

    If you need assistance with personal or business bankruptcy and filing in Tennessee, reach out to The Pope Firm and Charles Pope, Attorney At Law.

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