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dm24angel
Happiness
Member since 5/05 34581 total posts
Name: Donna
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Bankruptcy question
Doe sanyone if you can claim medical bills under a bankruptcy?
TIA!
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Posted 2/9/07 1:44 PM |
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Long Island Weddings
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Lauren
Very Happy!
Member since 10/06 3917 total posts
Name:
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Re: Bankruptcy question
I am not 100% sure, but I would think so. I would think medical bills are a big reason people might go bankrupt.
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Posted 2/9/07 1:45 PM |
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jellybean78
:)
Member since 8/06 13103 total posts
Name: Mommy
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Re: Bankruptcy question
Yes I believe so. Medical bills are on the top of the list for why people file for bankruptcy.
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Posted 2/9/07 1:46 PM |
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julz33
i run for bacon
Member since 5/05 20584 total posts
Name: julz
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Re: Bankruptcy question
yes... my father did that.
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Posted 2/9/07 1:54 PM |
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DRMom
Two in Blue
Member since 5/05 20223 total posts
Name: Melissa
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Re: Bankruptcy question
Yes
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Posted 2/9/07 1:55 PM |
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lululu
LIF Adult
Member since 7/05 9511 total posts
Name:
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Re: Bankruptcy question
I bet medical bills are the reason a lot of people end up having to claim bankruptcy.....
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Posted 2/9/07 2:04 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name: MrsERod™®
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Re: Bankruptcy question
wow...i didn't even know you can claim bankruptcy due to medical bills (i can see how someone would BECOME bankrupt because of medical bills, but had no clue it can be claimed)
Message edited 2/9/2007 2:32:41 PM.
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Posted 2/9/07 2:23 PM |
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MrsERod
Praying for Everyone.
Member since 5/05 26170 total posts
Name: MrsERod™®
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Re: Bankruptcy question
did some research...
damn! they don't make it easy for anyone, do they???????
LINK
it seems that medical expenses are no longer exempt under the Bankruptcy Abuse Prevention, Consumer Protection Act of 2005.
someone also has to be under the mean income requirement for NYS to declare the easier chapter 7 or they have to declare chapter 13
according to the IRS and this new law, here are the new monthly allowable living expenses..
NSALE
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Posted 2/9/07 3:40 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name: Meaghan
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Re: Bankruptcy question
Posted by MrsERod
did some research...
damn! they don't make it easy for anyone, do they???????
nope - becase people were abusing the system - again a few bad people ruined it for the rest of us.
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Posted 2/9/07 3:53 PM |
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julz33
i run for bacon
Member since 5/05 20584 total posts
Name: julz
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Re: Bankruptcy question
Posted by Meaghan729
Posted by MrsERod
did some research...
damn! they don't make it easy for anyone, do they???????
nope - becase people were abusing the system - again a few bad people ruined it for the rest of us.
my father being one of them
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Posted 2/9/07 4:28 PM |
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Re: Bankruptcy question
Yes, you can claim medical bills. I'm a bankruptcy lawyer.
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Posted 2/9/07 5:23 PM |
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Re: Bankruptcy question
Message edited 2/9/2007 7:29:39 PM.
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Posted 2/9/07 5:24 PM |
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EmmaNick
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Member since 12/06 16001 total posts
Name: *
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Re: Bankruptcy question
I am a BK paralegal and yes you can claim medical bills. They changed the laws, but most people still qualify to file a Chapter 7 bankruptcy.
If you have any other questions, you can FM me!
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Posted 2/9/07 8:06 PM |
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