Here in the United States, levels of debt are high, and they can come out of pretty much anything. In fact, debt is found in student loans, in medical bills, and in housing payment. Billions of dollars are owed in car payments here in the United States, and many people find themselves with hefty credit card bills as well. So with so much debt to keep track of, it’s really not a surprise then that so many families and even individual people find themselves filing for bankruptcy here in the United States.
And bankruptcies are perhaps more common than one might realize. After all, more than 333,000 Chapter 13 bankruptcies alone were filed over the course of the year of 2013, just here in the United States alone. Many of these bankruptcies are related to unpaid medical bills – more than 2 million bankruptcies tied to this cause all throughout the country in that same year.
It makes sense, unfortunately, that this would be the case. Medical costs can be incredibly high, especially when a good deal of diagnostic testing or surgical procedures is needed. Even just a minor emergency room visit can far too easily cost more than $500. For many people, paying off medical bills can be difficult even when they do have insurance. For those who are without insurance, filing for bankruptcy is all too likely to become the reality after just about any major medical event.
If filing for bankruptcy does become the only way to find debt relief for you and your family, it will be first necessary to contact a bankruptcy law firm. A bankruptcy law firm will be able to provide you with a bankruptcy attorney, who can walk you through the steps of filing for bankruptcy as well as how to plan for the future so that filing for bankruptcy is not a recurrent theme over the course of your life.
You’ll likely want to go to a specialty bankruptcy law firm, as such a place is likely to be the best for meeting your bankruptcy needs with the help of a bankruptcy lawyer. For those who are unsure as to whether or not they will be able to afford a bankruptcy law firm, seeking such legal help can prove to be difficult, ending up as just one other thing that puts them in an uncomfortable situation.
Fortunately, those who feel that they would struggle with paying for a specialty bankruptcy law firm still do have a number of viable options to get real legal help. For instance, many a bankruptcy law firm can actually provide you with a low cost bankruptcy attorney, a bankruptcy attorney who will provide their services at considerably lowered fees. And this is simply just one option for finding an affordable bankruptcy attorney.
In addition to hiring a low cost bankruptcy attorney, you can also simply interview a number of bankruptcy attorneys, as many actually have policies that dictate that they do not charge their clients unless the case is successful. For many people, this can mean a guarantee that they will be able to pay for their attorney no matter what, even in cases of bankruptcy. In some cases and for some attorneys, especially those who are specializing in the matter of bankruptcy, sliding scale payment plans might even be offered, allowing for the clients of the attorney in question to simply pay what they are able to, an arrangement that can be beneficial for just about all parties involved.
In general, bankruptcy is typically a time of considerable upheaval for the average person or even the average family here in the United States. It can be a time of uncertainty and a time of considerably pronounced anxiety. However, the help of the right bankruptcy law firm – and the right bankruptcy attorney, low cost or not – can seriously help to get a family or an individual person back on track in regards to their finances, navigating the tricky world of filing for bankruptcy with as much has ease and as little stress and anxiety as is possible.