What Should You Know About Medical Debts & Bankruptcy?
Sawin & Shea
NOVEMBER 1, 2023
In fact, medical debt is one of the most common types of debt reported on consumer credit reports. According to the Consumer Financial Protection Bureau, consumer credit reports show $88 billion in medical debt as of June 2021. Many Chapter 13 Debtors pay pennies on the dollar back to their unsecured creditors.
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