It’s not your fault. In addition to plain old overspending, many of life’s inevitable challenges by their very nature push us into debt, try as we might to stay out of it. Here are some of the biggies:
We’ll talk about medical expenses in this post.
Whatever you do, don’t get sick in this country. If you’re one of the lucky ones in this game of medical musical chairs, and you happen to have health insurance at the moment you need it, you might get through a serious illness without needing to file for bankruptcy. Even if you do have health insurance, it’s very likely that it won’t cover the entire cost of your treatment, and the bills for that treatment will just keep coming, month after month after month.
Perhaps you’re recovering from debilitating illness or a serious accident. You’re probably still not feeling up to par. You may have missed several weeks – or months – of work. You reel as you open the hospital bill ($7 for a Band-Aid?!). Then along comes the doctor’s bill. The hospital bill has doctor’s charges. The one that just arrived is the big one. Now you’ve been careful with your money, and it looks like you can handle this bill too. But then along come more bills: the anesthesiologist, the specialist, the pharmacy. Some of this stuff may be covered by insurance, but some of it may not. You could fight with the insurance company to get them to pay more, but that’s about as futile as taking on Mike Tyson.
Maybe the hospital can cut you a break. Some hospitals do have debt forgiveness programs or slow-pay options, where you can pay as little as $10 per month on your bill (most likely for the rest of your life), but many don’t advertise this fact. You’ll need to ask for this option early, before they send the debt to a collection agency.
It’s shocking to see how many hospitals take such drastic steps against their patients after they go home. Most of these patients have been out of work for some time, and many have lost their jobs completely. And the patient never knows how huge those debts will actually be until the tidal wave of bills has ebbed. Hospitals are some of the quickest creditors to send your bill to a collection agency, assuring that you will be harassed for this unplanned, unwanted debt. Some actually file lawsuits against their patients, getting judgment against them that become liens on their property and wage garnishment.
There are “nonprofit” hospitals you can use. But surprisingly, many of them are among the most aggressive bill collectors, priding themselves on high collection ratios and impressive earnings.
Many private doctors are much more generous to patients who cannot pay. Often, if you talk to their billing department about your situation, they will reduce or simply write off a balance if it is not covered by insurance. However, other doctors take the contentious approach, calling in the collection thugs or filing lawsuits against whose whom they are sworn to assist.
If you are having financial hardship and are considering filling for bankruptcy, contact an experienced Las Vegas bankruptcy lawyer at Aaron & Paternoster by calling (702) 384-4111. We offer FREE confidential Las Vegas bankruptcy consultation. Protect your legal rights – contact Las Vegas bankruptcy attorney NOW.
Aaron & Paternoster
2300 W. Sahara Avenue, Suite 650
Las Vegas, NV 89102
(702) 384-4111
http://www.aaronpaternoster.com/bankruptcy/
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So you’re in debt. The creditors are howling at your door. Each visit from the mailman brings a new avalanche of bills, all marked “Overdue.” Each ring of the phone is another collection agency greedily demanding payment…now! You’re scared you’re going to lose your house, your car, the shirt off your back, and your firstborn child. Really, it isn’t your fault! So lift your head and stop apologizing. You are who you are. You’re a good person – divine, actually. Our nature is to grow, expand, and to seek more. Desire is natural; it makes life happen.
Manufacturers of consumer goods, their advertisers, and the media are all vested in making sure that you are bombarded on a daily basis with an all-you-can-eat buffet of consumer products, from shampoos to electronics to cars. Are you a bad person for taking a bite now and then? Of course not. These people are your enablers. They know that if you don’t buy enough stuff, they won’t get to buy enough stuff.
The problem is one of education. That starving man should be allowed to eat, but he needs someone to stay with him and help him to make prudent decisions, or he could well end up in the hospital. In the same way, if you are left to make financial decisions without the help of those who know what they’re doing, you might well end up in bankruptcy court.
Whether you end up in bankruptcy court or in the hospital, in can be a good thing. Nice people are there to help you get back on your feet. It can be a new beginning, a fresh start. Most people file bankruptcy only once, and it changes their lives forever in a positive way.
If you are having financial hardship and are considering filling for bankruptcy, contact an experienced Las Vegas bankruptcy lawyer at Aaron & Paternoster by calling (702) 384-4111. We offer FREE confidential Las Vegas bankruptcy consultation. Protect your legal rights – contact Las Vegas bankruptcy attorney NOW.
Aaron & Paternoster
2300 W. Sahara Avenue, Suite 650
Las Vegas, NV 89102
(702) 384-4111
http://www.aaronpaternoster.com/bankruptcy/
Las Vegas Nevada Bankruptcy Lawyer | Bankruptcy Attorney in Las Vegas Nevada | Las Vegas Bankruptcy Lawyer | Las Vegas NV Bankruptcy Attorney | Bankruptcy in Las Vegas | Las Vegas Nevada Bankruptcy Attorney | Bankruptcy Lawyer in Las Vegas | Las Vegas Bankruptcy | Las Vegas NV Bankruptcy Lawyer | Bankruptcy Lawyer in Las Vegas Nevada | Bankruptcy in Las Vegas NV | Bankruptcy Attorney in Las Vegas NV | Las Vegas Bankruptcy Attorney | Las Vegas NV Bankruptcy | Bankruptcy Attorney in Las Vegas
Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Under this grant of authority, Congress enacted the “Bankruptcy Code” in 1978. The Bankruptcy Code, which is codified as title 11 of the United States Code, has been amended several times since its enactment. It is the uniform federal law that governs all bankruptcy cases.
The procedural aspects of the bankruptcy process are governed by the Federal Rules of Bankruptcy Procedure (often called the “Bankruptcy Rules”) and local rules of each bankruptcy court. The Bankruptcy Rules contain a set of official forms for use in bankruptcy cases. The Bankruptcy Code and Bankruptcy Rules (and local rules) set forth the formal legal procedures for dealing with the debt problems of individuals and businesses.
There is a bankruptcy court for each judicial district in the country. Each state has one or more districts. There are 90 bankruptcy districts across the country. The bankruptcy courts generally have their own clerk’s offices.
The court official with decision-making power over federal bankruptcy cases is the United States bankruptcy judge, a judicial officer of the United States district court. The bankruptcy judge may decide any matter connected with a bankruptcy case, such as eligibility to file or whether a debtor should receive a discharge of debts. Much of the bankruptcy process is administrative, however, and is conducted away from the courthouse. In cases under chapters 7, 12, or 13, and sometimes in chapter 11 cases, this administrative process is carried out by a trustee who is appointed to oversee the case.
A debtor’s involvement with the bankruptcy judge is usually very limited. A typical chapter 7 debtor will not appear in court and will not see the bankruptcy judge unless an objection is raised in the case. A chapter 13 debtor may only have to appear before the bankruptcy judge at a plan confirmation hearing. Usually, the only formal proceeding at which a debtor must appear is the meeting of creditors, which is usually held at the offices of the U.S. trustee. This meeting is informally called a “341 meeting” because section 341 of the Bankruptcy Code requires that the debtor attend this meeting so that creditors can question the debtor about debts and property.
A fundamental goal of the federal bankruptcy laws enacted by Congress is to give debtors a financial “fresh start” from burdensome debts. The Supreme Court made this point about the purpose of the bankruptcy law in a 1934 decision:
It gives to the honest but unfortunate debtor…a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt.
For more information on your bankruptcy rights contact experienced Las Vegas Bankruptcy Attorney at Aaron & Paternoster today, call (702) 384-4111.
Aaron & Paternoster
2300 W. Sahara Avenue, Suite 650
Las Vegas, NV 89102
Telephone: (702) 384-4111
Las Vegas bankruptcy law is designed to free people from economic bondage and give them a fresh start. Las Vegas bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors.
A Las Vegas bankruptcy attorney at Aaron & Paternoster will guide you through the complicated legal maze to file for Bankruptcy in Nevada under the U.S. Bankruptcy code. We are a debt relief agency that stops Tax Liens, Home Foreclosures, Creditor Harassment, Auto Repossession, Wage Garnishment, and Medical Bills through the use of Bankruptcy. Bankruptcy is a tool that can stop harassing phone calls and can assist in getting you out of debt and back on track.Our Las Vegas bankruptcy attorneys are experts at handling Chapter 7 Bankruptcy and Chapter 13 Bankruptcy filings. Contact us using for the form to the right and speak with a Las Vegas bankruptcy lawyer today.
If you are having financial hardship and are considering filling for bankruptcy, contact an experienced Law Vegas Bankruptcy lawyer at Aaron & Paternoster by calling (702) 384-4111. We offer FREE confidential bankruptcy consultation, so call today.