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Bankruptcy Lanigan & Lanigan, P.L.
831 W. Morse Blvd., Winter Park, Florida 32789



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Medical Bills Often Cause Bankruptcy

There’s no secret that  Florida’s poor economy has forced people into letting go of homes, cars, credit card debt and medical bills through bankruptcy in record numbers. 

A leading cause of bankruptcy in Florida is medical debt due to a medical condition, illness, disease, surgery or lingering poor health. Eric Lanigan and Roddy Lanigan saw the recession hit Orlando and Central Florida in early 2007 and handled many Chapter 7 and Chapter 13 bankruptcies due to medical bills.

Florida is No. 2 in the country for bankruptcy filings. No matter how embarrassed you may be, there’s no reason for it. There is always someone you know who is filing bankruptcy too. There’s no shame in taking control of your finances and particularly if you’re filing because medical bills have taken over your finance. 

No One is Safe From Economic Hardship

Everyday hard-working dentists, doctors, construction workers, business owners, financial advisors, bus drivers, CEOs, accountants…every job position, every career. The one thing they all had in common is bankruptcy.

No one is immune from financial challenges due to illness. You can’t protect yourself from hereditary conditions or disease. You get the medical care, you get the surgery and you also get the huge medical bills. Sometimes job loss is involved. 

Medical Bills Can Be Included in Bankruptcy 

People are turned down for medical insurance for pre-existing conditions. People get sick, injured or in an accident without insurance. Whether they’re in between jobs, have been laid off and couldn’t afford the COBRA payments or the COBRA coverage ran out. No matter what, if there’s no insurance, the massive medical bills loom and are seemingly impossible to ever pay off. 

Pride aside, the reality is that you may spend the rest of your life paying off a medical bill if surgery and long-term hospital stays are involved. 

Stress, financial challenges cause people to divorce which puts two homes under economic duress. While families split the bank accounts shrink. A medical emergency can bring both homes down. 

Don’t Fight It If All Signs Point to Bankruptcy

Lanigan and Lanigan see proud fathers, mothers, business owners walk in the door every day stressed out and fearful because medical bills have overwhelmed them. There’s a common theme: guilt. Families feel that they have to pay the medical bills. There is a sense of responsibility.

But the reality may be that the bills will never be paid down. There’s nothing wrong with the admission that they will have to file bankruptcy Chapter 7 or Chapter 13. It can provide relief and allow a family to survive and possibly rebuild their finances.

You have to be able to figure out whether you might qualify to file for Chapter 13 and how to choose between that and Chapter 7, if both are available to you.

Contact Winter Park bankruptcy attorneys Eric Lanigan and Roddy Lanigan. The Lanigans are committed to providing legal representation with a personal touch. They’ll personally handle ever aspect of your bankruptcy, attend all meetings and answer your questions. 

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