Health care costs in this country have risen exponentially in recent decades‚ to the point that many have called our nation’s health care system broken.
Take‚ for instance‚ a recent accident in downtown Los Angeles‚ where five vehicles collided‚ including a Los Angeles Police Department cruiser. While three people were taken to the hospital‚ the accident was largely considered minor. But those three people could still end up with tens of thousands of dollars of medical bill debt simply because of an accident.
Medical bill debt is one of the leading reasons someone files for bankruptcy in Los Angeles and it has increased in recent years because of the hike in medical costs. Even a minor traffic accident — something everyone is vulnerable to being the victim of — can lead to major financial problems.
Our Los Angeles bankruptcy lawyers recognize that medical bills may be inevitable. Getting into an accident‚ being diagnosed with cancer or another debilitating illness or suffering a serious medical problem can be life-altering. Whether a person has health insurance coverage or not‚ they can be slammed with major medical bills. Insurance rates can increase even if there is coverage.
According to the Los Angeles Times‚ the five-car accident happened recently nearly Hill Street and Olympic Boulevard. It left five people injured. A Los Angeles Police Department officer was involved in the accident.
The newspaper didn’t have details about how the crash transpired‚ but it did report that three people were taken to the hospital with non-life-threatening injuries. Two others‚ one of whom was an officer‚ were treated at the scene and released.
“Non-life-threatening” is a pretty vague term that can range from something as simple as cuts that required stitches to broken bones or a brain injury that cannot be fixed. Being injured even in an accident can cause a person to have major medical bills because insurance companies and attorneys could take years battling over who was at fault for the crash and whose insurance company should pay.
Everyone is motivated by money‚ and often the victim is left victimized again as they wait for a determination to be made about who will pick up the cost of medical bills. In the mean time‚ an accident can cause job loss and the bills continue to pile up. Filing for bankruptcy may be a solution.
Consumers throughout Los Angeles have learned that filing for bankruptcy allows them to discharge debt and get their lives back on track financially. With the debt gone‚ they can better focus on preparing to save money and avoiding financial stress down the road.
In most cases‚ any medical debt‚ credit card debt and other loans can be discharged through bankruptcy proceedings. The law‚ in some regards‚ is flexible and can be applied in a manner that best helps the consumer. Our Los Angeles bankruptcy lawyers have helped countless clients better their life through bankruptcy. If you are facing major medical bills that you simply can’t pay‚ call today.
Cal West Law‚ APLC will provide a free consultation to help guide you in making a decision that works for you. In Encino‚ Glendale‚ and Los Angeles‚ just call (800) 568-0707.
LAPD cruiser in five-car crash downtown‚ by Victoria Kim‚ Los Angeles Times