Utah Bankruptcy Professionals Provides Legal Assistance for Those With Medical Expenses


Posted October 31, 2017 by Misty_Ramey

Utah Bankruptcy Professionals guides individuals in the process of filing a bankruptcy claim. It is an invaluable ally for those facing heavy medical expense debt.
 
[SANDY, 10/31/2017] - Utah Bankruptcy Professionals guarantees a hassle-free process for people faced with debt or bankruptcy caused by exorbitant medical expenses. With the firm’s help, cancer patients can rebuild their credit and achieve financial relief.

Cancer Patients at a Higher Risk of Debt or Bankruptcy

A report from Heath Report cites that working-age cancer patients and survivors have a higher risk of debt and bankruptcy. The researchers note that cancer-related costs have increased up to three times faster than other healthcare costs in the US, driving cancer therapy costs up to $60,000. A 2012 survey conducted on 4,719 cancer survivors from Kaiser Permanente Center for Health Research shows that 25% had debt because of treatment-related financial burdens. Meanwhile, 3% ended up filing for bankruptcy.

In an email exchange with Reuters Health, Dr. Yousuf Zafar from the Duke Cancer Institute shares that cancer drugs are the greatest immediate cost for patients treated outside the hospital. Other medical expenses like surgeries and hospitalization could also compound to an already large bill.

Wiping Out Medical Debt through Chapter 7 Bankruptcy

The rising cost of healthcare and the growing number of Americans without healthcare insurance has fueled the wave of Chapter 7 bankruptcy filings. Utah Bankruptcy Professionals a firm that focuses on bankruptcy law, provides legal assistance for individuals seeking relief from medical expenses. With its help, customers can get rid of their debt or consolidate current bills for lower repayments.

Utah law states that filing a bankruptcy claim requires sending a petition to a district-specific federal bankruptcy court. Utah Bankruptcy Professionals speeds up the process by preparing and submitting the petition for customers, saving them from further financial trouble. Since the law firm understands the unique situation of cancer patients, it makes sure that the process of filing a bankruptcy claim is affordable, easy, and stress-free.

About Utah Bankruptcy Professionals

Utah Bankruptcy Professionals is a trusted bankruptcy law firm. Joey Lamb Howe, the founder of the law firm, has over 30 years experience practicing law in Utah. The firm helps clients achieve financial security through various services, including Chapter 7 and Chapter 13 Bankruptcy, student loans, tax debts, law medications, property debtor keeps, and more.

To learn more, visit http://www.utahbankruptcy.com/.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Misty_Ramey
Country United States
Categories Law
Last Updated November 7, 2017