The exorbitant costs associated with unexpected medical care can lead to financial disaster. In fact, 62 percent of all bankruptcies from 2007 were due to medical expenses, and nearly 80 percent of those who filed had decent health insurance. So what can you do when unexpected medical costs have you seeking out emergency funds?

First of all, never ignore the bill. Ignoring the bill will only get it sent to a collection agency, which will influence your credit. Contact the hospital as soon as you know you will have difficulties paying. They may work with you on coming up with a payment plan.

On top of that, many major hospitals have charity programs. Much of your bill, if not all of it, may be covered by charitable donations if you qualify.

When you exhaust all other possibilities, look into taking on some debt to pay off those medical bills. Consider using a credit card if the cost isn’t excessive. Personal loans would be better if you need to borrow a large amount, since interest rates will be lower, but these often require great credit and can take several days to approve.

For emergency cash, you should consider lenders like Pay Day One. Payday loans are ideal for emergencies because you are approved quickly and receive funds deposited in your account by the next business day.

You may also consider asking friends and family for donations. Contact your place of worship or an organization you are a member of and ask if an offering can be taken up to go directly to medical costs. You never know when people in your community would be willing to help.