The threat of financial ruin is real for many people with large medical bills. That’s why so many people with hundreds of thousands of dollars in bills incurred because of medical treatment are often forced to declare bankruptcy.
Las Vegas, NV (PRWEB) December 03, 2014
A woman who went into cardiac arrest was taken to a hospital not covered by her medical insurance, resulting in $250,000 in hospital bills which could force the woman to declare bankruptcy, a serious concern for many people nationwide with large medical bills, according to Las Vegas bankruptcy attorney Matthew E. Aaron, co-founder of Aaron & Paternoster.
Aaron expressed his comments in response to an article published by The New York Daily News about the woman with $250,000 in medical bills. (The New York Daily News, “Wisconsin woman faces bankruptcy from hospital bills after cardiac arrest at 29,” Nov. 12, 2014)
“The threat of financial ruin is real for many people with large medical bills,” Aaron said. “That’s why so many people with hundreds of thousands of dollars in bills incurred because of medical treatment are often forced to declare bankruptcy. We realize many people want to avoid declaring bankruptcy at all costs. But often, declaring bankruptcy is the only – and smartest – solution. We know because our law firm has successfully helped people throughout Nevada and California who decided to declare bankruptcy. We realize bankruptcy is a major decision in anyone’s life. That’s why we work so hard on such cases. We’re proud to put our knowledge and expertise to work for people facing bankruptcy throughout Nevada and California. We realize that the work we do today can make a dramatic difference for many years to come.”
The 29-year-old Madison, Wisconsin, woman featured in The New York Daily News article was taken to a hospital after she suffered from cardiac arrest. The hospital the woman was treated in for 10 days was not covered by the woman’s insurance network, according to WISC TV. (Channel 3000.com, “Woman taken to 'wrong' hospital faces bankruptcy,” Nov. 10, 2014)
Unpaid medical bills are the number one reason why people declare bankruptcy in the United States, according to an article published on CNBC’s website. ([CNBC, “Medical Bills Are the Biggest Cause of US Bankruptcies: Study,” June 25, 2013) Along with unpaid medical expenses, the study published by CNBC found that credit-card bills and unpaid mortgages are other leading causes of bankruptcy in the United States. Such news came as no surprise to Las Vegas, NV bankruptcy attorney Glenn A. Paternoster, co-founder of Aaron & Paternoster.
“Many people are forced to file for bankruptcy because of the financial burden of outrageous medical expenses,” Paternoster said. “The woman in Wisconsin facing financial ruin is not alone. We hear stories like hers all the time at our law firm. But we’re more than just sympathetic listeners. We’re focused on finding solutions to serious problems. That’s why people throughout Nevada and California routinely rely on us to help them decide what’s the right choice for them.”
For more information about what to do if you are considering filing for bankruptcy in Nevada or California and the legal options available to families, call (702) 384-411 or go to: http://www.aaronpaternoster.com/contact-us.
About Aaron & Paternoster
Located in Las Vegas and serving clients throughout Nevada and California, experienced bankruptcy lawyers at Aaron & Paternoster have a well-earned reputation for being knowledgeable, dedicated attorneys. Founded in 1996, the law firm handles a wide range of legal cases, including car accidents, truck accidents, motorcycle accidents, property accidents, casino accidents, bankruptcy, workers’ compensation and other cases. Aaron & Paternoster is committed to helping people with their legal problems. The attorneys work on a contingency fee basis. That means clients do not pay any fees if they don’t win.
Aaron & Paternoster
2300 W. Sahara Ave #650
Las Vegas, NV 89102