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Cancer Patient's Medical Debt Ends in Brother's Credit Card Debt Settlement Victory Over Bankruptcy
Date:1/10/2010

Funding his terminally ill sister's cancer treatment, Francisco Peinado got plundered by credit card debt and endless collection calls. However, a sympathetic debt relief program rescued the victim of unemployment and mountainous medical debt from becoming a casualty of medical bankruptcy, which based on a New York Times article, is growing.

(PRWEB) January 10, 2010 -- After the news from the Debt Free League financial adviser, Francisco Peinado basked in a bittersweet moment. He painfully reminisced of his sister's arduous bout with cancer. Yet, December 30, 2009 marked a remarkable accomplishment. He was debt-free.

Peinado, a new graduate of the National Debt Relief Stimulus Plan, initially joined the debt relief program somewhat skeptical. Unable to find the right solution to his debt, he had spent two torturous years gasping for air.

First, he lost his job of 15 years. The unforeseen event put his finances on the rocks. Whatever employment he found was unsuitable for his financial obligations.

For the past two years, he waited on tables as his income kept fluctuating.

Paying the bills grew tiresome. Although he paid on time, pleading with creditors to lower his interest rates wasn't working. They just slammed their doors, stating they couldn't help. His situation needed urgent attention.

Then, came the icing on the cake… He made the difficult decision to incur more debt by funding his terminally ill sister's cancer treatment. It dragged Peinado $21,819.19 deeper in credit card debt.

Like most bankruptcy filers, he was unable to pay the medical b
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Source: PRWeb
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