Food, shelter and clothing, these are the basic needs of human beings to live. But with the kind of world we have today, I think money should be part of the list I’ve mentioned because almost everything, at the moment, has a price tag attached to it. It is undeniable that today there are many people who file for medical bankruptcy. What does this term mean? Allow me to understand this matter well because it is a right that is granted to each and every one of the citizens of the State.
Medical bankruptcy is not really a legal term. If you want to file for bankruptcy, you need Chapter 7 bankruptcy. In this type of bankruptcy, you must list all the debts you have, both medical and non-medical debts. Also, you must list all the creditors you have.
Who are the people who experience financial problems most of the time? According to bankruptcy statistics, single mothers and the elderly are the ones who often file for bankruptcy. We all know that as people get older, the more often they get sick. On the other hand, single mothers bear all the medical bills for their children. Both situations give the elderly and single mothers huge medical bills that force them to file for bankruptcy.
One of the basic questions of people who file for bankruptcy is this: “Do doctors have the right to refuse to treat them?” Well actually, that’s a good question. Based on the facts that I have compiled, I have found that doctors, especially those who work for public hospitals, have no right to deny any patient. This statement is based on federal law provided by the state, since hospitals are receiving government subsidy, they have no right to refuse anyone.
Another good question citizens ask, ‘how can I file for bankruptcy?’ The answer is very simple. You just have to prepare all the requirements and request it. But it should be noted that once you have filed for bankruptcy, you cannot do so for six years in a row. This just connotes that you don’t have any protection against unwanted and unexpected debt during such periods.
If you plan to file for bankruptcy, it is recommended that you first consult an attorney. If you do not have the money to pay them, you can go to the city attorneys. Learning the basic facts and laws regarding bankruptcy is a must if you want to apply. Being informed and prepared is the key to a successful presentation.
Medical bankruptcy is not as simple as you think. Filing one has associated responsibilities. It is recommended that you think twice before taking further action. Filing for bankruptcy should be your last resort.
