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Health Care Provider Files for BK Protection After Cyberattack and Dealing with Change Healthcare Fallout

Account Recovery

A pair of cyberattacks, including one on Change Healthcare that has impacted health care companies across the country has led Petersen Health Care, one of the largest operators of nursing homes in the country, to file for bankruptcy protection.

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Unexpected medical costs can lead to a need for bankruptcy

Roths Child Law

People who are facing healthcare costs that are so high they can’t conceivably pay their bills may realize they have to do something before they drown in debt. One option for these individuals is filing for bankruptcy. The high cost of healthcare Conditions such as cancer require ongoing care, which can lead to financial ruin for many.

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What You Need to Know if You Are Retired and Filing for Bankruptcy

Sawin & Shea

Since 1991, the number of retirees filing for bankruptcy has tripled , with 12.2% of all bankruptcies being filed by people 65 and older. Unfortunately, all of this adds up to bankruptcy—something that is already scary to deal with as is but can be even more overwhelming and frightening for seniors.

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Report Ties Medical Debts to BK Filings

Account Recovery

Offering a “microcosm” of the “national problem” of the financial issues caused by illness and injuries leading to individuals being forced to file for bankruptcy protection, a state consumer advocacy group has published a report detailing that 60% of bankruptcy filings included some form of medical debt.

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50+ Commercial Debt Statistics

The Kaplan Group

Bankruptcy Filings Climb Back After record lows in 202021, business bankruptcy filings jumped 33.5% Large firms led this trend: 694 corporate bankruptcies were recorded in 2024the highest in 14 years. Key Commercial Debt Statistics (20202025) $21.55 trillion in non-financial business debt by Q4 2024 (up 27% since 2019) $1.8

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Public Safety Comes First – Duties And Obligations Of Ombudsmen In Healthcare Bankruptcies

BN Lawyers

Healthcare bankruptcies present unique challenges in addition to financial restructuring. Having been involved in numerous healthcare matters filed under both Chapter 7 and Chapter 11, I know first-hand how important this issue is. This blog dives into the role that ombudsman play in healthcare bankruptcies.

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What Is Nonexempt Property In Bankruptcy, And Why Does It Matter?

Debt Free Colorado

You’ve undoubtedly heard of bankruptcy. Some people swear they’ll never file bankruptcy, while others regularly use it as a tool. Our competent bankruptcy attorney at Dray Legal can explain this in more detail. Our competent bankruptcy attorney at Dray Legal can explain this in more detail.