Medical expenses are the leading cause of debt in our country. Due to COVID-19, medical debt is growing faster and bigger. As of 2022, one in every three U.S. adults has medical debt. For many of these folks, medical bills are a larger source of debt than credit cards, utilities, and car loans combined.

Bankruptcy For Medical Debt

Medical debt has long been a top factor in bankruptcy filings. Over the years, Debt Advisors has published several articles related to the topic of medical bills and how to eliminate that debt. Although it has been a number of years since the interview, hear what attorney Michael Georg has to say about medical bills when interviewed by WDJT-Milwaukee Channel 58. The interview, “Wisconsin family who received a shocking medical bill,”  addressed how a simple blood test turned into thousands of dollars in unexpected charges. Then, consider how COVID-19 has further exacerbated this ongoing problem.

COVID-19 Medical Bills

Unfortunately, few insurance companies are waiving out-of-pocket costs related to COVID-19 treatment.  Wisconsin public radio recently addressed the rise in medical bills during a COVID-19 related podcast stating, “many Wisconsin hospitals have paused legal action against outstanding medical debt.  Pausing legal action is only temporary – it does not erase the debt; nor does it apply to all medical bills. For example, if there are outstanding medical debts that were in existence prior to COVID-19, those unpaid medical debts are likely to be sent to collections. Preventative screenings, emergency room care, or long hospital stays due to cancer or a COVID-19 related illness can all lead to a tremendous amount of debt. Filing bankruptcy is the only way to truly “wipe out” unsecured medical debt left by high cost medical services.

Prevent Negative Impact On Credit

Every healthcare provider has their own set of billing and collections policies. In general terms, we see unpaid medical debt going to collections within 120 days after the bill is past due. If this happens to you, contact Debt Advisors to find out what your options are. There is a period of time before the credit bureaus list the unpaid medical debt on your credit report. If you can resolve unpaid debts in time, they will have less of an impact on  credit scores. Don’t wait. Repairing credit will become more difficult as time and debt accumulate. We know that those who have medical debt are likely struggling with more than one serious debt. If you’re concerned about being unable to pay medical bills, or other types of debt, ask for a professional assessment. If your debts are paid quickly enough, you can avoid longer-term implications having to do with poor credit scores.

Help With Medical Debt

Due to the current pandemic, more people may find themselves in an economic crisis. It is not a matter of “if” debt collectors will start pursuing you, but more about “when.” We do not advise ignoring your bills, transferring debt to credit cards, or obtaining a line of credit from home equity. Prevent costly mistakes by getting professional and honest advice. Start with a Free Consultation with a medical bill lawyer at Debt Advisors. If you chose to hire us, get started for as little as $100.

After Hiring Medical Debt Attorney -10 Point Outline

  1. Trustworthy & sound legal advice before, during & after process
  2. Verify that your medical bills are legitimate
  3. Evaluate full extent of debt situation
  4. Determine if you may qualify for Ch.7 or Ch.13 bankruptcy
  5. Fully explain your options for informed decision
  6. File bankruptcy to either reduce total debt & set up a repayment plan (Ch.13) Or, ELIMINATE / DISCHARGE medical debt (Ch.7)
  7. Arrange for court required credit counseling, hearings, meetings, etc.
  8. Stop collection agencies using the “automatic stay.” This protection, only available through bankruptcy, can save your home from foreclosure, stop car repossession, end wage garnishments, etc.
  9. Work courts, bill collectors, banks & bankruptcy trustee
  10. Sue collections who violate FDCPA protections

Wisconsin Medical Bills Lawyer 

During these challenging times of COVID-19, many Wisconsin residents have faced insolvency due to unexpected medical bills and other financial hardships. At Debt Advisors, we have witnessed firsthand the struggles that Wisconsin residents face with insolvency, and we are committed to providing relief and support. Our team is well-versed in the complexities of bankruptcy relief during COVID-related hardships, and we understand the intricate link between medical diagnoses and financial issues. We are here to guide you through the process and help you regain control of your financial situation.

We are Debt Advisors, medical debt lawyers who have been serving Wisconsin for more than fifteen years. We understand that long hospital stays, emergency room visits, a serious medical diagnosis or any unexpected high medical bills can lead to a serious financial crisis. In our fifteen years of experience, we have helped thousands of people get out from underneath medical bills and other types of debt.For those closer to our Debt Advisors Madison, WI office, we offer the same dedicated service and expertise. We also offer virtual meetings.Read Google Reviews From Clients

Learn about bankruptcy protections, types of bankruptcy, how to get started, what to expect, and who to trust. Filing bankruptcy is the ONLY way to completely eliminate debt. If bankruptcy is right for you, it offers powerful protections that cannot be achieved through alternative solutions such as hardship relief, loans, or debt settlement.

  • Exceptional service. The entire team was friendly and knowledgeable. The attorney took his time to walk me through step by step. I will recommend this law office to anyone!

    J Burks

  • I went through Debt Advisors as a referral by a friend. I am very happy I did so. The staff that I worked with were very helpful and showed a high level of professionalism. They were always able to answer any questions that I had. I was very happy with the attorney that I worked with, Michael Georg. Very professional.

    Terri Grote

  • Attorney Chad Schomburg and Debt Advisors helped me with my debt about three years ago. Chad explained the process to me and answered any questions I had, and the assistants compiled my documentation very efficiently while keeping my case moving forward. They were always available when I needed them, and even years later, I’m able to reach out to them, and they are willing to help. They have turned my life around 100%, and I could not have done it without them! Absolutely recommended!

    Tim Harris

  • They were there for my family from day 1 until the end, 5 years later (Ch. 13). Whenever I had questions or concerns they were always very responsive and gave me excellent advice. Michael and Jeremy are both exceptional bankruptcy attorneys. I highly recommend Debt Advisors.

    Steve

  • After I had to go on disability, I used my credit cards a lot more thinking I could pay them off when I was able to go back to work. That didn’t happen and I found myself so much worse off than I could handle. I went to Debt Advisors feeling terrible about what I had to do. Chad and everyone there were very understanding and put my mind at ease while taking such great care of me. They were there every step of the way and supported me when I was “freaking out”!! Every time I needed to contact them; their response time was amazing!! God forbid I ever need to go through this again, but I know where to turn if I need help! Debt Advisors are more than just filing bankruptcy on my behalf. They really care about what you are going through!! Thank you, Chad, Jeremy, Mike, and everyone at Debt Advisors!! I cannot tell you enough how much I appreciate all of you!! J Hammond

    Steve

  • After I had to go on disability, I used my credit cards a lot more thinking I could pay them off when I was able to go back to work. That didn’t happen and I found myself so much worse off than I could handle. I went to Debt Advisors feeling terrible about what I had to do. Chad and everyone there were very understanding and put my mind at ease while taking such great care of me. They were there every step of the way and supported me when I was “freaking out”!! Every time I needed to contact them; their response time was amazing!! God forbid I ever need to go through this again, but I know where to turn if I need help! Debt Advisors are more than just filing bankruptcy on my behalf. They really care about what you are going through!! Thank you, Chad, Jeremy, Mike, and everyone at Debt Advisors!! I cannot tell you enough how much I appreciate all of you!! J Hammond

    J Hammond

  • Chad Schomburg and his Staff did a phenomenal job for me and in an expeditious manner. I’ve recommend countless clients to Chad Schomburg, Wow!!! Outstanding customer service from the Schomburg office:)

    Lisa Williamson