Doctors driven to bankruptcy - Apr. 8, 2013

Doctors driven to bankruptcy - Apr. 8, 2013

Chapter 11 bankruptcy filings by physician practices spiked in March, noted Bobby Guy, co-chair of the American Bankruptcy Institute's health care committee. "Eight filings in three weeks is very unusual," said Guy.
Five years ago, Plantation, Fla.-based bankruptcy attorney David Langley didn't have a single doctor as a client. Since then he's handled at least six bankruptcy cases involving doctors. Two current clients -- an orthopedic surgeon and an OB/GYN -- also are in bankruptcy.