... insolvency. In both cases, the household is said to experience a “medically-induced bankruptcy” or more succinctly a “medical bankruptcy.” Himmelstein et al. (2009) and Himmelstein et al. (2011) suggest that as many as half of all consumer bankruptcies have some amount of outstanding...

... or not a bankruptcy filing is due in large part to an individual’s medical condition, there is a standard that determines whether a typical filer has an ability to repay one’s debts. This may create inequities in the consumer bankruptcy process, especially when the filer incurs medical debt that was not accumulated...