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Bankruptcy

: The Debt Podcast

The Medical Bankruptcy Fairness Act of 2008

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This bill, introduced by Representative Carol Shea-Porter (D-NH), would increase the Federal Homestead Exemption in Bankruptcy to $250,000 for ?medically distressed debtors?.  The bill also prohibits trustees in such instances from dismissing a case or converting to Chapter 13 based on the substantial abuse provision of 707(b) of Title ll.  A medically distressed debtor is [...]

Full post as published by The Debt Podcast on February 05, 2008 (boomark / email).

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