Foster Law Offices and WJET-TV are introducing a new line-up of Bankruptcy Myths to Be Busted in late 2010 and 2011. Foster Law Offices has been regarded as "Mr. Debtbuster" taking on the duty of dispelling common myths that surround Bankruptcy.
This December, we feature the medical bill myth. MYTH - "If you've got medical bills filing bankruptcy is NOT going to help". TRUTH is medical bills, credit card bills and personal loans CAN be discharged in bankruptcy. This myth is extremely common and couldn't be farther from the truth. The Federal Bankruptcy Code does NOT designate special treatment in bankruptcy for medical bills. So let's put this myth to rest, YES medical bills CAN be discharged in bankruptcy.
1 comments:
True. In fact, debts from medical bills and medical problems were the leading cause
for fi ling in more than half of the bankruptcy cases in the last ten years!
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