Whitehouse, Warren Introduce Measure to Help Families Struggling with Medical Debt
Federal Information & News Dispatch, Inc. |
"Even families with quality health insurance coverage can be bankrupted by an illness or injury that causes lost work and income," said Whitehouse, who introduced similar legislation in a previous session of
"Far too many families are driven into bankruptcy in the aftermath of a serious medical problem, when hospital bills pile up or a family member loses a job," said Senator Warren. "I'm pleased to join Senator Whitehouse to introduce the Medical Bankruptcy Fairness Act. This bill will provide some relief for families facing crushing medical debt and help them get back on their feet through a fairer bankruptcy process."
The Medical Bankruptcy Fairness Act would offer more accommodative treatment in bankruptcy for individuals with large medical bills or who lose income due income due to an illness or injury or to care for a family member. It would also cover people who lose alimony or child support due to the medical condition of the person responsible to pay. For these "medical debtors," the bill would:
* Waive procedural hurdles, such as credit counseling requirements, that make little sense for those driven to bankruptcy by medical issues;
* Allow for the forgiveness of student loan debt;
* Help families keep their homes by allowing them to maintain at least
Medical bills are the leading cause of personal bankruptcy in
Read this original document at: http://www.whitehouse.senate.gov/news/release/whitehouse-warren-introduce-measure-to-help-families-struggling-with-medical-debt
Copyright: | (c) 2010 Federal Information & News Dispatch, Inc. |
Wordcount: | 355 |
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