Legal Question in Bankruptcy in Nebraska

What are the qualifications for medical bankruptcy

What are the specific qualifications and repercautions of medical bankruptcy and how do you apply in the state of Nebraska?


Asked on 12/01/98, 11:51 am

1 Answer from Attorneys

Mark Sullivan Mark R. Sullivan - Attorney at Law

Re:

The bankruptcy code does not between distinguish reasons for filing bankruptcy and there is no "medical bankruptcy". I assume that medical bills are the reason for your financial difficulties. I suggest you consult with a local bankruptcy professional who is familiar with your state's exemptions who can give you specific information to your situation. The professional may meet with you for free, but if not you will gain the information you need. The major repercussion from bankruptcy is the effect on one's credit for about ten years. No one's credit is so bad that bankruptcy won't make it worse. The qualifications for bankruptcy depend on the chapter of the code you elect to proceed under. Get some specific advice. Good Luck!

Mark Sullivan

Mark R. Sullivan - Attorney at Law

1204 1st Ave. E, Ste. A


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Answered on 1/15/99, 10:54 am


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