Legal Question in Credit and Debt Law in Illinois
My brother's wife has cancer and is in treatment now. About 60-70% of her medical bills are being paid by insurance. They'll never be able to afford to pay remaining medical bills. My question is: Can they loose their house or car or ??, if they can't pay the medical bills? Can a lean be placed on these items? Thanks
Asked on 4/24/10, 5:08 pm
2 Answers from Attorneys
David Labovitz
Labovitz Law Firm, P.A.
Hi. If they incur a substantial amount of medical bills that they cannot pay, their best alternative might be to file for bankruptcy when the time comes.
Answered on 4/30/10, 4:43 am
Frank Vosholler
Law Office of Frank L. Vosholler III
However, if those items have a lot of equity worth equal to medical bills, then they will be in a 100% chapter 13, which would not due them much good.
Answered on 4/30/10, 8:58 am