Many Florida residents are struggling under the weight of medical debt. When one owes a lot of money because of a medical bill, bankruptcy could be an advantageous option.

Medical debt is a large problem in the country as many receive surprise hospital bills after visits to the emergency room. Even the patient’s share of surgery can be enough to fall into serious debt. Many people hesitate to declare bankruptcy as a result of medical debt because they believe that there is a negative stigma to it. However, this may be the best option, and there is no shame in bankruptcy when something unavoidable like medical debt has cast a pall over finances.

Bankruptcy will clear medical debts and allow the filer to begin to rebuild their finances. After seven years, the bankruptcy will be removed from the debtor’s record. Medical debt is the top cause of bankruptcy in the U.S. One who is considering whether to declare bankruptcy for this reason is hardly alone. If bankruptcy comes as a result of medical bills, it would hardly be a sign of fiscal irresponsibility. After all, medical procedures are necessary to treat health issues and they often come with a high price tag.

Someone who is stuck under the weight of crushing medical debt has options available to them. They could consult with an attorney to learn more about how the bankruptcy process works and how it can help them make a fresh start. With guidance from a lawyer, a debtor could learn about the differences between Chapter 7 and Chapter 13 bankruptcies.