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How to deal with medical debt

If you find yourself choosing between putting food on the table for your family or paying your medical bills, you are one of many people in Florida struggling to pay their bills. Increasing medical costs and stagnant incomes are just a few reasons why medical debt may be forcing you to seek bankruptcy protection.

Medical bills common reason for bankruptcy

People file bankruptcy for many different reasons, and it often has nothing to do with their money management skills, or even their spending habits. In 2013, NerdWallet found that it was medical bills that put the biggest strain on Americans’ finances. Health care was the number one reason people filed for bankruptcy. 

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