Medical Bills: Top Reason to Hire Indianapolis Bankruptcy Attorneys

"A quick summary of the study’s findings estimate that 56 million Americans under age 65 will have trouble paying their medical bills, with a majority of them (over 35 million) to be contacted by collections agencies for unpaid dues. Aside from that, nearly 17 million are to receive lower credit ratings on account of their unpaid dues; over 15 million will use up all their savings just to pay off the debt while some 10 million will be unable to provide even for basic necessities because of high, unpaid medical bills. However, the occurrence isn’t exactly new. In fact, medical costs have been the main culprit for bankruptcy in the U.S. as far back as 2007, according to a study conducted by researchers from Harvard. During that year, about 62% of all personal bankruptcies filed in the U.S. were caused by unpaid medical treatment costs, and even had a rather peculiar trend– 78% of the filers had medical insurance. This trend has continued up to 2013, with some 10 million health-insured
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