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Bankruptcy and Medical Debt

We are bankruptcy attorneys located in Eastgate, Ohio.

Bankruptcies resulting from unpaid medical debt will affect nearly 2 million people this year, making health care the main reason for bankruptcy filings in the United States. Health care debt surpasses bankruptcies due to credit card debt and unpaid mortgages. Even having health insurance does not protect consumers from incurring massive medical debt. Even outside of bankruptcy millions of adults between the ages of 19 and 64 struggle with health care debt. If you think only Americans without health insurance face troubles, think again. There is an estimated 10 million adults with year-round health insurance that will still acculumate medical bills they can’t pay for this year. High-deducible insurance plans are requiring consumers to pay more out-of-pocket costs, this is a challenge to many households.

If you are struggling with medical debt, bankruptcy may be the solution for you.

What medical debts are dischargable through bankruptcy? All medical debt is discharable through bankruptcy. Hospital and emergency service providers cannot refuse you service in the future if you were to file for bankruptcy protection. However, family doctors can refuse you service in the future so would not want to file on them unless you were not going to use their services in the future. The same theory goes for your family dentist.

For more information check out our website at Keegan

If you are struggling with medical debt, we will be able to help you. Contact our Eastgate, Ohio office today for your free consultation with a bankruptcy attorney.

Bankruptcy Basics

We are a bankruptcy firm located in Eastgate, Ohio.

Not sure what bankruptcy is? Bankruptcy is a process in which consumers and businesses can eliminate or re-pay some or all of their debts under the federal protection of the bankruptcy stay through the bankruptcy court. Basically there are two types of bankruptcy available for the consumer; Chapter 7 bankruptcy and Chapter 13 Bankruptcy.

Chapter 7 bankruptcy is designed to clear off or discharge all of your unsecured debt. This will give you a fresh financial start. Creditors can no longer collect on debts by telephone calls or court proceedings. If there were secured items that you wish to keep such as your home or vehicle you would re-sign on these items under a reaffirmation agreement.

A reaffirmation agreement is a bankruptcy document that you would sign to reaffirm debts that you do not want to discharge through your bankruptcy. The debts that are re-signed on will report to the credit reporting agencies and help to re-build your credit.

Chapter 7 Bankruptcy is also referred to as a “liquidation bankruptcy” because the bankruptcy trustee may take and sell or liquidate some of your property to pay back some of your debt. However, you will be able to keep most if not all of your property due to the protection of the bankruptcy exemptions. These include such things as your home, vehicle, cash on hand, jewelry, household items, retirement plans, and most other assets. The exemptions vary so you should contact our Eastgate, Ohio bankruptcy firm for further details.

Are you eligible for a Chapter 7 Bankruptcy. Not everyone can qualify for Chapter 7, there are several factors to consider, but most can qualify. Contact our office today for your free consultation to see if you qualify for Chapter 7 Bankruptcy.

Chapter 13 Bankruptcy is also referred to as a “wage earner” plan because in order to file for Chapter 13 protection you must have a reliable source of income so that you can repay all or a portion of your debt,

In Chapter 13 bankruptcy you will pay back a percentage of your unsecured debts, this can range from 1% to 100% depending on your individual situation. Chapter 13 bankruptcy can also stop a foreclosure action and a vehicle reposession and allow you to make up your missed payments through the chapter 13 plan.

If you file for Chapter 13 be prepared to be in the case for a minimum of 3 years and a maximum of 5 years. It will be up to the creditors to file a claim in order to be paid during this case. During this time period you will repay a percentage of your unsecured debts, your secured debts and any missed payments you had on your house or vehicle. At the end you will receive a discharge as to all remaining debt.

For more information check out our website at Keegan

If you are thinking of bankruptcy, contact our Eastgate, Ohio bankruptcy attorneys today. We offer a free consultation, fair fees and monthly payment plans.

Bankruptcy Attorney

We are a bankruptcy firm located Eastgate, Ohio. We have been helping people in the tri-state area struggling with debt for over 23 years. Our office is conveniently located Eastgate, Ohio near Applebees.

If you are considering filing for bankruptcy you should contact our office today for your free consultation. That’s right, it is completely free to come and speak with one of our attorneys about your current situation. At this consultation the attorney will discuss your best options for your personal circumstances. If you decide to move forward a small retainer will get the process started, and you can then let your creditors know what you are doing and refer them to this office. We will then accept monthly payments until your fees are paid in full to file.

Call us today for your free consultation in Eastgate, Ohio if you are considering bankruptcy.

Bankruptcy and Government Shut Down

Are you looking for a Eastgate, Ohio Bankrutcy Lawyer to file bankruptcy in the Eastgate, Ohio area and worried that you cannot move forward at this moment because of the government shut down? It is true that the federal government is currently shut down, but bankruptcy filings are still occuring.

Bankruptcy filing can stop a wage garnishment, foreclosure and harrasing creditor calls. If you are experiencing these types of issues bankruptcy could be the answer for you and is still avaliable during the government shut down. Bankruptcy does not hold the old stigma that it used to, these days bankruptcy is very common. You will be surprised at how fast you will be able to re-build your credit once all those old debts are gone and you gain a fresh start through bankruptcy protection.

Our Eastgate office is centrally located in the Eastgate area right behind Applebees and Pepboys. We offer a free consultation, fair fees, monthly payment plans and flexible hours. Contact our office in Eastgate today to schedule your free consultation with one of our Eastgate, Ohio Bankruptcy Attorneys.