Getting out of Medical Debt is Possible with an Attorney Negotiated Debt Settlement
Medical debt has been found to be one of the leading causes of personal bankruptcy in the United States. But it need not be. If you are struggling with medical debt, let the attorneys at McCarthy Law help you sort through your medical costs and develop a plan to get you out of debt without bankruptcy.
The difference between medical debt and other forms of debt is that it arises accidentally and often accumulates quickly so it can be hard to avoid. You cannot prepare for illness or injuries and usually have no choice but to seek costly medical treatment. This is most frequently a problem for the uninsured and it often discourages people from seeking further medical treatment.
Certain healthcare providers may have lien rights by state law. This means that if they provide you treatment and you are unable to pay, they may record a lien as part of the public records with the county recorder. Medical providers file such liens to help ensure they get paid if and when you come into some money, such as through a lawsuit or settlement. Since it is public record, medical liens can have adverse effects. Our attorneys focus on eliminating the underlying debt for a fraction of the balance claimed, thereby eliminating the lien.
Verifying your Debt
Medical billing can be a nightmare to unravel. As part of our medical debt settlement process, we force the medical provider or creditor to verify the debt. We also know what to look for as grounds for reducing and eliminating the debt.
Using your Credit Cards to Pay Medical Bills
Health care providers encourage patients to pay their medical bills right away with their credit card because they want to be sure they receive payment for their services. Paying for your medical expenses with a credit card transforms it from medical debt to consumer debt and you are now dealing with the credit card company or bank issuer. We also settle credit card debt and can eliminate credit card debt that arises from medical or healthcare expenses for a fraction of the amount allegedly owed.
Negotiating a Medical Debt Settlement
Medical debt settlement is the process of negotiating with your healthcare provider or other creditors to significantly reduce and eliminate the debt, without the need for bankruptcy. Our attorneys have helped numerous families settle medical debt and move on with their lives.
If you have other debt besides medical debt, such as credit card debt, mortgage debt, business debt and many others, we can help with those too. We also get you relief from the phone calls and harassing debt collectors. One of the first things we do for a new client is send a letter to all their creditors invoking their legal right to counsel and requiring all further communication be directed to our office.
If you would like a free consultation with an attorney to discuss your medical debt or other debt, please call us today.