February 8, 2010 12:14 AM updated: February 8, 2010 12:15 AM

Every now and then people get sick and the likes. It's easy to understand why medical expenses cause over half the bankruptcies in the US - because having to manage medical debt is not a fun task. Some helpful hints - one of the BIGGEST things to look out for is billing mistakes, which can include charges for treatments and procedures that you never received - and that can add up to more than a payday loans worth. Ask for itemized statements so you can see all the charges, and make sure you keep in touch with your health insurance provider. Also, making every effort to pay down the debt will earn you points with the billing company.