Medical bankruptcy filings are on the rise in New Jersey. I have been helping my clients get a fresh start for 10 years and have filed thousands of cases. However, I have never seen so many bankruptcy cases as I have in the first quarter of this year.
Let’s face it, people are not getting sicker this year than last year. It is clear that fewer people have health insurance and those who are insured are underinsured. Every year the health premiums increase an average of 30%. Employers then chose plans that provide coverage with increased deductible and co-pays.
If you are drowning in medical bills or have had to use credit cards during an illness or to pay for medical bills you should consider filing bankruptcy to get the fresh start you deserve.