Vance P. Truman, Attorney at Law
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There are options for resolving your medical debt

Medical debt is one of the leading reasons that individuals end up filing for bankruptcy here in Ohio and elsewhere in the country. This doesn't have to be the only result if you incur unexpected medical expenses though. There may be other options that you can pursue that won't ravage your credit as much and allow you to keep a hold on your possessions.

Before you even schedule your procedure, you may want to shop around to see whether you may qualify for a medical credit card that will cover your treatment. Many of these cards offer deferred interest from anywhere between six and 12 months from the time that your procedure occurs.

If applying for a credit card isn't an option for you, then you might want to consider taking out a personal loan to cover your medical costs. Your bank may offer you a loan in the amount of anywhere between $1,000 and $100,000 depending on a variety of factors including your credit and banking relationship with them.

Another option that you may be able to pursue before having a procedure performed on you is to work out a payment plan. Many medical providers offer in-house plans whereby they'll allow you to agree to pay a certain percentage of the costs along with a small interest fee over time. If your procedure has already been performed, then you may be able to qualify for a reduced payment thanks to an income-contingent repayment plan.

Hiring a medical bill advocate or trying to negotiate with your medical provider on your own is also a valid option for getting your bill reduced. You may find that having a debt relief attorney do this for you is also quite effective. Protect your rights without shame or fear of judgment. Let a Medina lawyer help you resolve your medical debt dilemmas here in Medina for you.

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