The New York Times is tackled astronomical American debt in this enlightening new series. Featured in this article is a 47-year old woman with $280,000 in debt. At least $20,000 of her $48,000 income before taxes went to pay interest on her debt. A medical emergency, lost job and big bills have pushed her into foreclosure. Read the story
The Law in Your Life offers these podcasts as resources for foreclosure and bill pay. And coming up this Friday, a special podcast about how bankruptcy can impact foreclosure proceedings.
I have a question, in reference to Medical Bills.I recently had a medical diagnosis, which has resulted in extremely large medical bills. I do have medical insurance, but has proved to be worthless. On each patient information form I did state that I was unemployed (laid off), with a very limited income.
My question to you is what can the medical providers do to me if I can not pay. My greatest fear is the loss of my home, can this happen?
Posted by: P.R.Hackman | November 19, 2008 at 11:40 AM