Could a Lawyer Help With COVID Medical Bills?
COVID-19 continues to wreak havoc on American society. Whole industries have been made to shutdown to protect their employees and customers. Many people have found themselves thrown out of work quite suddenly. The abruptness of the closures has prevented them from doing any kind of financial planning. And if you are one of the millions of Americans barely getting by, the economic collapse may mean disaster for your finances.
Paying down your medical bills can be especially troublesome. You had a job that allowed you to service your payments and live a decent life. That source of income has dried up owing to the COVID-19 crisis and you must find some other way to pay or forestall paying your medical bills. If you are unable to do either and you are overwhelmed by your other debts, then you should seek the counsel of a bankruptcy law firm in Henrico VA.
You are not the only one in this situation. Millions of Americans are struggling to pay their bills. Many creditors have shown a willingness to work with debtors to rearrange repayment plans. You should try to come to some agreement with the hospital or insurance company you owe money to. This should be done with the help and guidance of a lawyer.
Depending on how much you owe and the number of creditors you must satisfy, declaring bankruptcy may be your best option. However, it may be possible to negotiate directly with your creditors. If you are one of the many people who have been furloughed but not technically terminated from their job, you will be able to resume repayment once your company re-opens.
Canfield Wells is a bankruptcy law firm in Henrico VA that can help you explore various options for dealing with your medical bills. If the pandemic has put your finances under strain, then you should contact Canfield Wells.