Life is expensive. Between the cups of coffee we drink every morning to the annual checkup we have with our physician, we are constantly forking over money to keep our lives moving forward. However, all those costs add up and make it difficult to continue maintaining specific expenses.
For example, costly medical bills quickly put families in a financial situation where they can’t maintain daily conveniences or mandatory payments, such as rent or mortgage. It forces more Americans to find alternative ways to repay their medical bills, including bankruptcy.