Medical bills are the #1 reason people file for bankruptcy in the U.S. It is estimated that 56 million Americans are struggling to pay their medical bills. I had just let my Cobra coverage go because it was costing me $600 a month out of pocket and I twisted my ankle. I thought the pain of the injury was ridiculous until I started receiving the medical bills and then the phone calls. If you are considering filing for bankruptcy because of medical bills, explore and exhaust all of your options. Know that you are not alone. Be strategic and empower yourself.