Feeling overwhelmed by medical debts? In Texas, like elsewhere, medical debt is a common issue affecting many individuals and families.

According to recent data, over 60% of personal bankruptcies are due to medical bills. But, filing for bankruptcy isn’t the only solution.

There are effective strategies to manage and reduce medical debt without taking that drastic step such as contacting a debt relief law firm such as The Law Office of Joel Gonzalez.

Here’s how you can take control of your financial health and avoid bankruptcy.

1. Understand Your Bills

Start by reviewing every bill carefully. Medical bills are often confusing and may contain errors. Ensure that each charge is accurate and that your insurance has paid its share. Contact your healthcare provider or hospital billing department for clarification and dispute any mistakes.

2. Negotiate with Healthcare Providers

Many people don’t realize that medical bills are negotiable. Contact your healthcare provider’s billing department and ask if they offer discounts for upfront payments or a sliding scale based on your income. They might also be willing to set up a more manageable payment plan.

3. Seek Financial Assistance Programs

Look for financial assistance programs offered by hospitals and non-profit organizations. Many facilities have programs to help with medical bills based on your income and financial situation. In Texas, organizations like the Texas Health and Human Services Commission offer assistance for medical expenses.

4. Consider a Medical Credit Card

Medical credit cards can be useful for managing medical expenses. These cards often come with promotional 0% interest rates for a set period. However, be cautious and ensure you can pay off the balance before the promotional period ends to avoid high interest rates.

5. Use a Debt Management Plan

If you have multiple medical debts, a debt management plan (DMP) might help. A credit counseling agency can negotiate with your creditors to lower interest rates and consolidate payments into a single monthly amount. This can make managing your debt easier.

6. Prioritize Your Debts

If you can’t manage all your debts at once, prioritize them based on urgency and impact. Focus on paying off high-interest debts first or those with the most severe consequences if left unpaid. This strategy can help reduce overall debt more effectively.

7. Seek Professional Advice

Finally, consider consulting a debt relief attorney in Texas. They can provide insights into whether bankruptcy is a viable option for your situation and help you understand other potential solutions. Professional advice can be crucial in making informed decisions.

Manage Your Medical Debt Via Our Reliable Debt Relief Attorney 

If you need help navigating medical debt, reach out to us at The Law Office of Joel Gonzalez — the trusted medical debt relief law firm in Aransas Pass, Kingsville, Rockport, and other areas of Texas.

Joel Gonzalez, our experienced debt relief attorney provides expert professional advice and assistance on medical debts. So, contact us now for a free consultation.