Top 10 Reasons People Go Bankrupt - #1: Medical Expenses
Original post made by Pleasanton Mom for Truth, Another Pleasanton neighborhood, on Mar 24, 2010
Rare or serious diseases or injuries can easily result in hundreds of thousands of dollars in medical bills - bills that can quickly wipe out savings and retirement accounts, college education funds and home equity. Once these have been exhausted, bankruptcy may be the only shelter left, regardless of whether the patient or his or her family was able to apply health coverage to a portion of the bill or not
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