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Bankruptcy question

Posted By Message

dm24angel
Happiness

Member since 5/05

34581 total posts

Name:
Donna

Bankruptcy question

Doe sanyone if you can claim medical bills under a bankruptcy?

TIA!

Posted 2/9/07 1:44 PM
 
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Lauren
Very Happy!

Member since 10/06

3917 total posts

Name:

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.

Posted 2/9/07 1:45 PM
 

jellybean78
:)

Member since 8/06

13103 total posts

Name:
Mommy

Re: Bankruptcy question

Yes I believe so. Medical bills are on the top of the list for why people file for bankruptcy.

Posted 2/9/07 1:46 PM
 

julz33
i run for bacon

Member since 5/05

20584 total posts

Name:
julz

Re: Bankruptcy question

yes... my father did that.

Posted 2/9/07 1:54 PM
 

DRMom
Two in Blue

Member since 5/05

20223 total posts

Name:
Melissa

Re: Bankruptcy question

Yes

Posted 2/9/07 1:55 PM
 

lululu
LIF Adult

Member since 7/05

9511 total posts

Name:

Re: Bankruptcy question

I bet medical bills are the reason a lot of people end up having to claim bankruptcy.....

Posted 2/9/07 2:04 PM
 

MrsERod
Praying for Everyone.

Member since 5/05

26170 total posts

Name:
MrsERod™®

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.

Posted 2/9/07 2:23 PM
 

MrsERod
Praying for Everyone.

Member since 5/05

26170 total posts

Name:
MrsERod™®

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.. Chat Icon

NSALE

Posted 2/9/07 3:40 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

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.

Posted 2/9/07 3:53 PM
 

julz33
i run for bacon

Member since 5/05

20584 total posts

Name:
julz

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 Chat Icon

Posted 2/9/07 4:28 PM
 

Kerie-is-so-very
versatile!

Member since 5/05

13535 total posts

Name:
K

Re: Bankruptcy question

Yes, you can claim medical bills. I'm a bankruptcy lawyer.

Posted 2/9/07 5:23 PM
 

Kerie-is-so-very
versatile!

Member since 5/05

13535 total posts

Name:
K

Re: Bankruptcy question

Message edited 2/9/2007 7:29:39 PM.

Posted 2/9/07 5:24 PM
 

EmmaNick
*

Member since 12/06

16001 total posts

Name:
*

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!

Posted 2/9/07 8:06 PM
 
 

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