There is a major healthcare crisis occurring in the United States. According to data collected in 2017, approximately 28.5 million Americans did not have health insurance at any point in the year. That means if any of these people suffer from a medical emergency, they could find themselves with a massive amount of medical debt.
This is one of the most common reasons why Americans need to file for bankruptcy. Medical costs continue to increase, and many people simply do not make enough money to cover the cost of these emergencies. Fortunately, it is possible to discharge medical debt with bankruptcy, so you can get your finances back on track soon.