We have been recently writing about the impact that foreclosures have had on Chicagoland families, but the Washington Post reported on September 19, 2012, that Illinois’ US Representative Jesse Jackson Jr. is selling his Washington DC home for another reason: medical bills .
“Like millions of Americans, Congressman Jackson and Mrs. Jackson are grappling with soaring healthcare costs and are selling their residence to help defray costs of their obligations,” Jackson aide Rick Bryant said in a statement, according to the Post. “The Congressman would like to personally thank everyone who has offered prayers on behalf of his family.”
The Post reported that the 47-year-old congressman has not been seen on Capitol Hill since returning home after seeking treatment at the Mayo Clinic in Minnesota for depression. The news website Politico reported that while “reports of the home sale fueled speculation about his political future, his office has insisted that he plans on staying in office and will run for re-election in November.”
As we have noted before, substantial debt from medical bills remains one of the most common reasons that people file bankruptcy. We will further discuss how nearly 44 million Americans are struggling with health care expenses in our next blog post, but you should know that you may be able to reduce your medical bills by filing Chapter 13 bankruptcy or eliminate them by filing Chapter 7 . Our Chicago bankruptcy lawyers can help you get started when you contact our firm at (866) 930-7482 or fill out the form located on this page.
Benjamin Brand Services – Chicago bankruptcy attorneys