Medical Bankruptcy and my belongings?

Question

ok, i was recently in a car accident, broke my leg, and went through 3 hospitals, and in total spent about a month and a half in the hospital. i've gone through many surgeries, and i still have alot more to go. the doctor told me that they normally wouldve taken my leg off, the only reason that they saved it was due to my young age. but i'm gettin the bills out of mail now and so far my bills are up to around $120,000 dollars. and i know that i still have more to go, because i still have a long way to go. my question is after this is all said and done i believe im going to file medical bankruptcy, because there is no way that i can pay that off, i make about $12,000 bucks a year and most of it already goes to bills. i have no medical insurance obviously. and when i file this, if i have a car in my name, and a little bit of money in the bank will i lose it. will they bother with it. the car is old, and there is a couple hundred in the bank??? would they take it or would i still have it

Answer 1

First..there is no such thing as medical bankruptcy. You either qualify for a chapter 7 or chapter 13, depending on income and qualifications. You need to contact an attorney in your area to find out which you qualify for. Most will see you on a first free consultation or free first hour. Your medical bills will go into collections, they will seek judgements and want to attach wages, if you are working, a bankruptcy attorney will tell you what you need to do. If you auto is paid for..it will not be taken from you, it's a means of transportation. As far as the money in the bank....I would leave a minimum for spending and monthly bill money in there...but...the best advice for you is to seek good legal counsel. You can check out this website and familiarize yourself with the different types of bankruptcies and debt and credit info as well..it's a great website!  www.bcsalliance.com

Good Luck!

Answer 2

Hi,

I used "Credit Solution" to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58%.It's legitimate.I came across this company on NBC News Special Edition.Check it out here:

http://www.x.se/a5nf