Legal Question in Credit and Debt Law in Tennessee

Can medical institutions put a lien on a patient's 401K and life savings?
My father was diagnosed with leukemia 4 months ago. He is 64 years old and married with no income other than his pension and social security benefits. He was recently hospitalized for 41 days and will be facing another 6 weeks in the hospital for a bone marrow transplant in the near future. He has a small 401k plan and a savings account, and an insurance policy that will pay only a fraction of the medical costs. I would hate for my mother to be left penniless as a result of his potentially terminal illness. Can medical institutions put a lien on a patient's 401k and savings, and if so, what can we do to deter this?

Asked on 2/24/98, 10:14 pm

Ken Koury Kenneth P. Koury, Esq.

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Attorney At Law

Retirement funds like 401ks are generally protected. the savings account could be at risk.

Answered on 2/25/98, 12:52 pm

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