U.S. Congress - S.1624 Medical Bankruptcy Fairness Act of 2009
S.1624 - Medical Bankruptcy Fairness Act of 2009
A bill 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, injured, or disabled family members, and to exempt from means testing debtors whose financial problems were caused by serious medical problems, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill 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, injured, or disabled family members, and to exempt from means testing debtors whose financial problems were caused by serious medical problems, and for other purposes. as introduced.
- Short: Medical Bankruptcy Fairness Act of 2009 as introduced.
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Official Summary
8/6/2009--Introduced.Medical Bankruptcy Fairness Act of 2009 - 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 specifiedOfficial Summary
8/6/2009--Introduced.Medical Bankruptcy Fairness Act of 2009 - 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. Waives the credit counseling prerequisite for filing for relief from debt in the case of a medically distressed debtor. Denies a discharge in bankruptcy from any debt incurred that relates to attorneys' fees generated as a result of the debtor's filing of a Chapter 7 petition. Requires a debtor who seeks relief as a medically distressed debtor to attest in writing, and under penalty of perjury, that the medical expenses of the debtor are genuine, and not specifically incurred to bring the debtor within the coverage of the medical bankruptcy provisions of this Act....Read the Rest
Recent News Coverage
Editor's Choice for the Week of December 21, 2009: GDP, Retail Sales, and More ...
On December 24, the Senate Judiciary Committee is scheduled to consider S. 1624, which would change the bankruptcy code to protect debtors who are also ...
Recent Blog Coverage
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Drosophila melanogaster » Electronic Style of Life
S. 1624. ISBN 0879697067. ^ Bloomington Drosophila Stock Center an der Indiana University: Grundlegende Methoden der Kultivierung Drosophila. ^ a b Chiang HC, AC Hodson (1950). “Eine analytische Studie über das Bevölkerungswachstum in ...
Investment Issues on Congress' Radar Screen - Watson Wyatt - Insider
In the Senate, Finance Committee Chair Max Baucus (D-Montana) and committee Ranking Member Charles Grassley (R-Iowa) introduced a bill (S. 1624) that would remove the exception for partnerships that derive passive-type income from ...
Making The Volcker Rule Work « The Baseline Scenario
S. 1624, a bill to amend the Internal Revenue Code of 1986 to provide that the exception from the treatment of publicly traded partnerships as corporations for partnerships with passive-type income shall not apply to partnerships ...
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