Personal and Business Bankruptcy: Chapter 7, Chapter 11, Chapter 13
The inflexibility of hospitals and doctors in setting up reasonable payment plans is at the base of a number of bankruptcy filings. When filing for bankruptcy, you will not only be discharging your medical debt. Medical bills are unsecured debts, the same type of debt as credit cards and personal loans. This means that all these unsecured debts either will be discharged under a Chapter 7 bankruptcy or a manageable repayment plan will be set up under Chapter 13.