YC-backed Upsolve is automating bankruptcy for everyone

The popular image of a Chapter 7 bankruptcy might be a large company like Enron failing, or maybe some lazy drifter trying to shirk their financial responsibilities. Today in America, the most common reason for bankruptcy is to discharge egregious sums of medical debt [1], which might have been incurred in a short stint in a hospital emergency room. Applying for bankruptcy itself costs money, potentially thousands of dollars depending on the attorney used.