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US hospital network Steward files for bankruptcy, aims for new loan

Collection Industry News

states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust (MPW.N), opens new tab. Steward, the largest private physician-owned for-profit healthcare network in the U.S., said it would continue serving patients as normal during its bankruptcy.

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Unexpected medical costs can lead to a need for bankruptcy

Roths Child Law

People who are facing healthcare costs that are so high they can’t conceivably pay their bills may realize they have to do something before they drown in debt. One option for these individuals is filing for bankruptcy. Bankruptcy can discharge or reorganize medical debts , which can provide a fresh financial start for a filer.

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Managing Bankruptcy and Medical Debt Relief in Broomfield, CO

Debt Free Colorado

Learn to Eliminate Medical Debts Through Bankruptcy Bankruptcy and medical debt relief have become buzzwords for those with financial problems due to unexpected health issues. It is crucial to understand the intricacies of bankruptcy and medical debt relief in Broomfield, CO, for a stable financial future.

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BK Reform Bill Introduced in Senate to Make it Easier to Discharge Medical Debts, Student Loans

Account Recovery

A quintet of Senate Democrats have introduced a bill that aims to make it easier for consumers to have student loans and medical debts discharged when filing for bankruptcy protection. The Medical Bankruptcy Fairness Act of 2021, S.146, 146, was introduced by Sen. Sheldon Whitehouse [D-R.I.], Sherrod Brown [D-Ohio], Sen.

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What Should You Know About Medical Debts & Bankruptcy?

Sawin & Shea

Rising healthcare costs are continually leaving thousands of Americans drowning in medical debt. Because of the serious burden medical debts have placed on Americans, many are turning to bankruptcy as a potential option. At Sawin & Shea, our team of Chapter 7 and Chapter 13 bankruptcy lawyers is here to help.

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What You Need to Know if You Are Retired and Filing for Bankruptcy

Sawin & Shea

Since 1991, the number of retirees filing for bankruptcy has tripled , with 12.2% of all bankruptcies being filed by people 65 and older. And student loan payments are often even a burden for senior citizens today. However, though bankruptcy can be a good option, it is not always the best option, especially if you are retired.

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What Is Nonexempt Property In Bankruptcy, And Why Does It Matter?

Debt Free Colorado

You’ve undoubtedly heard of bankruptcy. Some people swear they’ll never file bankruptcy, while others regularly use it as a tool. Our competent bankruptcy attorney at Dray Legal can explain this in more detail. Our competent bankruptcy attorney at Dray Legal can explain this in more detail.