H.R.901 - Medical Bankruptcy Fairness Act

To amend title 11 of the United States Code to provide protection for medical debt homeowners, to restore bankruptcy protections for individuals experiencing economic distress as caregivers to ill or disabled family members, and to exempt from means testing debtors whose financial problems were caused by serious medical problems. view all titles (2)

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  • Official: To amend title 11 of the United States Code to provide protection for medical debt homeowners, to restore bankruptcy protections for individuals experiencing economic distress as caregivers to ill or disabled family members, and to exempt from means testing debtors whose financial problems were caused by serious medical problems. as introduced.
  • Short: Medical Bankruptcy Fairness Act as introduced.

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02/03/09
 
 
 
 
 
 
 

Official Bill Text Comment on about 5 Pages

Official Summary

2/4/2009--Introduced.Medical Bankruptcy Fairness Act - Amends federal bankruptcy law to cite circumstances under which a medically distressed debtor may elect to exempt from the property of the estate in bankruptcy up to $250,000 of the debtor's aggregate interest in specified real or
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Official Summary

2/4/2009--Introduced.Medical Bankruptcy Fairness Act - Amends federal bankruptcy law to cite circumstances under which a medically distressed debtor may elect to exempt from the property of the estate in bankruptcy up to $250,000 of the debtor's aggregate interest in specified real or personal property that the debtor (or debtor's dependent) uses as a residence, in a cooperative, or in a burial plot for the debtor or a dependent.Revises requirements for dismissal or conversion of a Chapter 7 case to prohibit the court or specified parties in interest from filing a motion to dismiss or convert to Chapter 11 or 13 if the debtor is a medically distressed debtor or an economically distressed caregiver.

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Recent Blog Coverage

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03/01/11
H.R.901: Chemical Facility Anti-Terrorism Security Authorization ...

HR 901 Chemical Facility Anti-Terrorism Security Authorization Act of 2011 – This bill was introduced in the House by Rep. Daniel Lungren (R, CA-3). It has a number of co-sponsors – all republicans – including Rep. ... Source: Ryan Loughin .... OpenC

Source: opencongress.org
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01/03/11
Bankruptcy Reform is a Hot Topic in 2011! « Proskurchenko ...

H.R. 901, the Medical Bankruptcy Fairness Act proposes to allow debtors to exempt up to $250K in value of the debtor's interest in a principal residence, cooperative unit or burial plot. Under current law, a debtor may only exempt about ...

Source: Proskurchenko & Capece's Law Blog
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12/19/10
Top LexisNexis Bankruptcy Law Community Posts for 2010

Morris, US Bankruptcy Judge for the Southern District of New York on HR 901, the Medical Bankruptcy Fairness Act. Hon. Cecelia G. Morris, United States Bankruptcy Judge for the Southern District of New York, discusses HR 901, ...

Source: Bankruptcy Law Community
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