The Commercial Appeal recently reported that large numbers of Tennesseans have lost their employer-provided health insurance in the last decade.

No surprise, really. The struggling economy has affected most walks of life, including health care. But for some people losing their health insurance might be the last straw.

If you have an imperfect medical history, are over a certain age, or have multiple family members to care for, losing your health insurance can be financially devastating. If on top of that you have bills you can’t pay, you may want to consider bankruptcy. Bankruptcy can help to relieve you of your debt burdens so that more money is freed up to pay for private health insurance.

In addition, if you are one of the many Tennesseans without health insurance, you may very well incur medical bills you are unable to pay, setting you on the path to financial catastrophe. Bankruptcy can relieve you of medical debts and allow you to start over fresh.

Let us know if you have questions about health insurance and medical bills and how they might relate to your financial situation. We’d be glad to talk through your options with you at no cost.