lein on my home

by lizzie

I owe Yale hospital in connecticut for a transplant that my medical insurancw wouldnt pay because it took place in connecticut and I live in new york(crazy) I own a home should I put it in my son's name and what are the reprecussions?

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Mar 02, 2012
lein on my home
by: Debtcollectionanswers

I don't know the details of your insurance policy, but I assume you went out of network to have the transplant done, which is why your insurance carrier won't pay for the procedure. Have you tried to appeal the company's decision?

Assuming you are going to be stuck with the bill and that there is no way you can pay for it, you can expect that your medical debt will be turned over to a collection agency at some point and if you still do not pay what you owe, you will be sued for the money. If you lose the lawsuit, which you probably will, you will be at risk for having your wages garnished, your bank levied against (money taken to pay what you owe) and/or ending up with liens against your assets.

My best advice given your situation is to schedule a free initial evaluation with a bankruptcy attorney. Bankruptcy will wipe out most if not all of your unsecured debt, including medical debt, help you hold on to your assets, and stop lawsuits.

Meet with a bankruptcy attorney right away because the attorney will tell you what you should and should not do prior to filing (for example, you should NOT transfer assets out of your name), evaluate your finances to tell you which kind of bankruptcy you will probably qualify for, explain how the process will work, etc. If you decide that you want to file, the attorney will also handle all of the paperwork for you.

Do not try to file on your own. Bankruptcy is a very complicated process and you risk making mistakes that will cause you not to fully benefit from filing or maybe even cause the judge to throw out your case.

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