Across parts of America, debt collection filings are rising along with health care costs. Coffeyville, Kansas, has made a business out of such filings. The judge in the impoverished town doesn’t have a law degree and reportedly kowtows to lawyers collecting unpaid medical bills, which often leads to arrest warrants, and in effect, modern-day debtors prison.
Why is there so much debt? Most of the debt is from medical care — especially as Kansas opted out of the Medicare expansion under the 2010 Affordable Care Act.
Don't miss this OZY piece exploring why 20 million Americans should file for bankruptcy.