After an accident, it can feel like your life is falling apart. Just because you’re off work to recover doesn’t mean that the medical bills, rent, electricity, and more don’t keep piling up. As the bills keep coming, it can be very difficult to make ends meet and get back on your feet. How will you pay your bills? Where can you get help? These tips can help you make sense of the confusion after an accident.
1. Contact a Personal Injury Attorney
An attorney can help you navigate your case and the legal realm. They know your state’s laws inside and out and can help you make the best case for a fair settlement with your insurance company. At VanDerGinst Law, you don’t pay unless we win your personal injury case so there’s no worry about upfront legal fees and there’s never a consultation fee. It is important to note, your case could take a year or more, so you may have to take some other steps to cover your finances in the meantime.
2. Payment Plans and Financial Assistance
Hospitals will usually work with you to repay your medical bills on a payment plan. This may provide you with a few more months to pay off your bills. Work with the hospital and keep them updated as to your situation. This is a much better option than not communicating and not paying your bills which can affect your credit score when your debt is turned in to collections. Many hospitals also offer financial assistance based on your income level. Check out their website or call their billing department. You may need to fill out a form or two, but you might be surprised at the assistance they are able to offer you. Keep in mind that if you do end up with a settlement it will hopefully be more than enough to cover the cost of your medical bills.
3. Budget Considerations
For some, there may be ways to rework your budget to save a few extra dollars to put towards your medical bills. Whether you need to cancel a vacation this year or you just need to cut back on the coffee and TV streaming services, you may be able to make some headway on your bills with these simple options.
4. Loans and Credit
As a last line of defense, loans and credit are an option to consider. If you have good credit already, you may be able to secure a loan at a low-interest rate. This would be a great option to consider if you know that you can repay it in the terms set forth. Be realistic—how much can you really afford to pay per month? Credit cards are an option, but they should be your last option as most credit cards have high-interest rates and can affect your credit score if not repaid.
Were You Injured in an Accident That Wasn’t Your Fault?
Contact the personal injury attorneys at VanDerGinst Law. They have over 30 years of experience in personal injury and focus all efforts on personal injury cases. Your first consultation is free, and if we don’t win, you don’t pay a dime. Our experienced and knowledgeable legal team will guide you through your case one step at a time. The insurance companies have a team of lawyers on their side, so it only makes sense that you should too. Call VanDerGinst Law today for a free case review and consultation.
The information contained on this website is presented by VanDerGinst Law P.C. It is not intended nor should it be construed as professional legal advice. The information is general in nature about the Firm, the scope of services we offer, and our community outreach, it is not legal advice. Please contact us by phone, email, mail, or via this website for inquiries. Contacting us does not create an attorney-client relationship. Please contact a personal injury attorney for a consultation regarding your situation. This website is not intended to solicit clients outside the State of Iowa and/or the State of Illinois.