How much does it cost to file medical bankruptcy?

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asked Nov 20 in Credit by Michlliam (360 points)
How much does it cost to file medical bankruptcy?

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answered Nov 21 by Christeen (20,200 points)
Filing bankruptcy should only be done as a last resort when you've exhausted all your other options of paying back any debt including medical bill debt.

Filing bankruptcy even for medical bills will put a big dent on your credit report and credit score and the bankruptcy will stay on and affect your credit score and credit rating for up to 7 years.

The fee for Filing for bankruptcy depends on what chapter of bankruptcy you're filing for.

To file chapter 7 bankruptcy the fee is $335.00 and to file for Chapter 13 bankruptcy the fee is $310.00 plus another $15.00 to $20.00 for a Bankruptcy Trustee fee.

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