Legal Question in Credit and Debt Law in Nevada

I owe a collection agency for a hospital bill to UMC from May of 2007 that I have been unable to pay.The bill was $10,000 back then,I don't know if they have charged other fees to it since then.My Mom would like to write it in her will that I will inherite her house when she's gone.If she wills me the house can the collection agency take it from me?I am worried I will end up on the street if that happens.


Asked on 8/24/11, 10:12 am

1 Answer from Attorneys
David Otto David Otto & Affiliates, PC

It is possible if they sue you for it and win. You could settle with them, probably for a small percentage of the total bill, cause by the sound of it, they will never get the money otherwise. Or your mother could put the house in a Trust for you. A trust is a separate entity from a person which can hold all kinds of property for the benefit of a person called the beneficiary. I believe you could be both the trustee and the beneficiary. Meaning - you manage the house and Trust as Trustee and you get to live in the house as beneficiary. The trust doesn't owe the money to greedy UMC you do.

Read more
Answered on 8/24/11, 10:49 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Nevada