As many vaccination programs become available in the US and are either affordable or free, such offerings stand in stark contrast to the costs associated with COVID-19. With millions sick, unemployed, and hundreds of thousands of people dying (not to mention the worldwide devastation), circumstances have been difficult. And although some of the US is beginning to ‘open back up’ and return to normal, that does not mean it will be easy to pick up the pieces in terms of health for those who are already seeing the effects of long-term repercussions, as well as losing their jobs, having hours cut, and losing their own health, or family members and loved ones.
While credit cards can amass huge balances quickly, that’s nothing compared to how rapidly medical bills can accrue and multiply…and continue to do so for months—especially in the case of COVID-19 where long-term effects may continue; in fact, at this point, no one really knows how long COVID repercussions may last.
In a strange twist, however, this is a very good time to negotiate with creditors and debt collection agencies. Because so many people are unable to pay their bills, hospitals and doctor’s offices are more inclined than ever to offer more flexible programs, discounts, and more. If you are concerned about growing medical debt, speak with an experienced medical debt attorney from Fitzgerald & Campbell, APLC as soon as possible.
If you are being sued, it is even more imperative to seek legal advice as soon as possible. While you may want to explore the idea of filing for bankruptcy, that option is usually considered a last resort. Even though bankruptcy does have its place as a financial planning tool and can be the best method for getting back on track financially, with the climate being so well-suited for negotiating, deferring, and reorganizing payments, you may be surprised at the positive changes you can make without having to go that route.
The key is to act quickly if you have received a summons and complaint, however. In working with your lawyer to file a response, you can make it clear that you are involved not only in answering but also working on a defense. This type of action serves as a stark contrast in comparison to the large number of defendants who do not answer, do not show up in court, and must then deal with the judge granting a default judgment against them almost automatically.
Working with an attorney to clear your name, deal with debt, and take control of your future proactively is well worth the effort. Such action on your part also significantly reduces the possibility of wage garnishments, not to mention other more aggressive collections activities too like law enforcement seizing property to be sold at public auction, and sudden levying of bank accounts, making it impossible to get to any of your own funds until the debt in question has been satisfied.
Speak with an attorney from Fitzgerald & Campbell, APLC as soon as possible to examine your options. Our attorneys have decades of experience in serving clients as they navigate through challenging financial situations, to include student loan issues, bankruptcy, and other debt management processes. We are here to help! Click here to schedule a free 30-minute consultation, call us at (844) 431-3851, or email us at info@debtorprotectors.com.