Most Go Bankrupt Because of Medical Debt – Don’t Let It Happen to You!!

bankrupt because of medical debt

In 2017, exactly 767,721 people filed for bankruptcy in the United States. That’s right, in one of the the best economic years to date, over three-quarters of a million people decided that they were in such bad shape financially that it would simply be impossible to get out. Strange, right? Well, not really. Not based on the reason they provided. As it turns out, over half of them went bankrupt because of medical debt.

What I want to do is tackle this stat head on. What’s the detail around it? Would it be possible for people to get out of their medical debt? And how could they avoid becoming part of this stat in the first place?

Bankrupt Because of Medical Debt – How You Can Avoid It

The numbers are actually quite unclear around the exact causes of bankruptcy in America. But, for the last 15 years (at least), . . . → Read More: Most Go Bankrupt Because of Medical Debt – Don’t Let It Happen to You!!