Q: I have just incured medical bills of over 100 K. I work for minimum wage and have no assets. What should I do?

I have a genetic lung disease that could act up at anytime and I can’t afford insurance. I am afraid that if I file for bankruptcy now I could be in real trouble should I have a relapse in the near future.

A: If there is a chance that you might relapse, it would probably be best to wait a little. Once you file for bankruptcy, any debt that you incur subsequent to the bankruptcy will not be dishcargeable. If the debt in your bankruptcy is discharged, you will not be able to file another Chapter 7 to discharge the new debt for another 8 years. As long as the creditors haven’t sued you they will not be able to take money from you. However, if you wait too long and a creditor sues you or is threatening a suit, you will want to consult with an experienced Glendale bankruptcy attorney to more fully discuss your options.

* You and I do not have an attorney-client relationship formed by our communications on this website. Advice given by me on this website is general advice based on partial information. You should not rely on any advice given without first hiring a lawyer in the area where the case is pending, and providing that lawyer with full information.

Answered by Parker Evan Bornmann, Glendale AZ Bankruptcy Attorney.
Re-Posted from AVVO Legal Questions and Answers.