Medical Bills and Credit Cards

CNN seems to think that paying medical expenses with credit cards is a new thing.  (Can’t Pay Your Doctor?  Charge It!)  They should have talked to a bankruptcy lawyer.   Anybody who thinks the credit card debt in this country was racked up on soccer shoes and restaurant meals, needs to take another look.  Elderly clients who have never used their credit cards anywhere but the pharmacy are just not that unusual — and haven’t been for years.  Think about the last time you were in a doctor’s office that didn’t display the Visa card sign.  This ain’t news, guys.  It may seem like news, because lobbyists spent so much money trying to influence the characterization of the people who file for bankruptcy prior to Bankruptcy reform passing; but nothing has really changed.

Elaine

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