Results
- 7/1/2019
Medical Bill Debt
Blogexpected to file bankruptcy due to inability to pay medical bills. Maxing out credit cards, draining savings accounts, and even refinancing homes have all been completed, leaving bankruptcy as a final resort.Reference:
Huffington - 9/19/2015
What is Medical Bankruptcy?
Blog16M children live in households struggling with medical bills- Despite having year-round insurance coverage, 10M insured Americans ages 19-64 will face bills they are unable to pay
- 1.7M Americans live in households that will declare bankruptcy due to their inability to pay their
- 7/1/2019
Debt Due to Medical Bills
BlogMedical Update: More costs likely to be passed on to consumers
Article | Bankruptcy Headlines - 1/12/2024
Medical Apparel Supplier Careismatic Hires Restructuring Advisers
Newsroomloans to fund the acquisition. Careismatic, founded in 1995, bills itself as the world’s largest retailer of medical apparel, including products like hospital uniforms, scrubs and footwear. The Santa Monica, Calif.-based company has faced competition from Figs, an apparel retailer that entered the - 11/14/2023
Ban on Surprise Medical Bills Pushes More Health Bonds to Brink
NewsroomAfter a federal law to curb surprise medical bills in the U.S. triggered a handful of the year’s biggest bankruptcies, investors are eyeing corporate-debt piles for potential pain ahead, Bloomberg News reported. KKR & Co.-backed ambulance company Global Medical Response is in talks to push
- 5/1/2020
For Sale: Bankrupt Hospitals in America’s Heartland
NewsroomMedical Center near Pittsburgh and Izard County Medical Center in Arkansas, according to bankruptcy court papers. The Americore facilities are drawing some interest — six potential buyers had signed non-disclosure agreements as of April 21, the papers show. Americore filed for bankruptcy late last year - 6/5/2023
Unable to Pay Its Rent, Philadelphia’s Copabanana Files for Bankruptcy
Newsroomnearby. He said the restaurant needed help with everything from past-due rent, mortgage and loan payments to growing medical expenses for Copabanana’s ailing founder, Bill Curry, who is confined to his home. Despite the emotional plea, the restaurant fell far short of its $250,000 goal, raising only $165. - 1/29/2024
in re mack
Opinions11th Circuit Florida Middle District Judge Briskman 1006001The Kentucky Litigation contended that debtor implemented fraudulent schemes to bill movants for medical treatments and equipment relating to automobile insurance and workers'compensation insurance claims. Movants sought relief
- 1/29/2024
in re jass
Opinions10th Circuit Utah Judge Thurman 0406006The bankruptcy court concluded that under the clear meaning of 11 U.S.C. § 1325(b)(1)(B), a debtor was required to propose to pay the number resulting from Official Bankr. Form B22C unless the debtor could show that this number did not adequately
- 1/29/2024
in re lipford
Opinions7 filing was thus subject to dismissal for abuse. It so ruled.The Bankruptcy Administrator (movant) asked the court to dismiss a chapter 7 case filed by debtors, a husband and wife, who claimed that they had filed bankruptcy because they could not pay their bills as they came due. At issue was
- 1/29/2024
in re elizabethtown family care clinic llc
Opinionspost-petition, pre-rejection period, regardless of the date the rent was billed. Applying that rule here, it held that while rent was due, per the lease, on the first of the month, the trustee's obligation to pay the amount thereunder accrued on the date on which the case was filed and covered the period from - 11/1/2011
What Happens When Your Medical Records Storage Facility Leaves You Stranded
Online Journalhealth care. Due to recent initiatives by the federal government, hospitals and other health care providers are convert- ing from paper to electronic medical records (EMR). An indust ry sup- porting EMR initia- t ives has boomed due to our govern- ment’s position that conver t ing paper medical - 3/31/2020
Legislative Highlights April 2020
Online JournalAll bills were transferred to the Senate and referred to the Senate Banking Committee. abi Legislative Highlights from page 10 Copyright 2020 American Bankruptcy Institute. Please contact ABI at (703) 739-0800 for reprint permission. Legislative Highlights April 2020 - 12/1/2009
Members Testify on Medical Debt and Bailouts vs. Bankruptcy
Online JournalCourts held a hearing entitled “Medical Debt: Can Bankruptcy Reform Facilitate a Fresh Start?,” during which the subcommittee considered the Medical Bankruptcy Fairness Act of 2009 (S. 1624), introduced on Aug. 16 by Sen. Sheldon Whitehouse (D-R.I.). The bill would amend the Bankruptcy Code to - 7/1/2022
Legislative Highlights July 2022
Online Journalrelease. Servicemembers told the CFPB about billing inaccuracies and that debt collectors used aggressive tactics to recover allegedly unpaid medical bills. Servicemembers also reported failures by credit-reporting companies in helping to resolve inaccuracies and other credit-reporting issues. “Errors - 3/1/2021
New Congress, Familiar Legislation
Online Journalexecutive action.5 Medical Debt in Bankruptcy It is well known to consumer bankruptcy practitioners that medical debt is a leading cause of personal bankruptcy filings. It has long been expected that the pandemic would produce an influx of consumer bankruptcies, and this bill was designed to mitigate - 12/5/2008
Canadian Bankruptcies up 21%
Global InsolvencyBankruptcies in Canada numbered 9,468 in October, up 7.2 percent from September and 21.1 percent from October 2007, with the pain concentrated among individuals, the Canadian Press reported today. The office of the federal Superintendent of Bankruptcy reported yesterday that 8,972 consumers filed - 2/12/2024
Fewer Bankruptcies in the Netherlands in January
Global InsolvencyStatistics Netherlands (CBS) reports that, adjusted for the number of court session days, there were 24 fewer bankruptcies in January 2024 than in December 2023, CBS.nl reported. This is a decrease of 6 percent. However, there has been an upward trend in the number of bankruptcies for nearly two - 7/2/2015
Health Care Insolvency
Conference Materials600 • Alexandria, VA 22314-1583 • phone: 703.739.0800 • abi.org Join our networks to expand yours: © 2015 American Bankruptcy Institute All Rights Reserved. Healthcare Insolvency Daniel W. Sklar, Moderator Nixon Peabody LLP; Manchester, N.H. Elizabeth J. Austin Pullman & Comley LLC; - 7/2/2014
New Dutch bankruptcy legislation… Finally!
Global InsolvencyThe Dutch Bankruptcy Act (Faillissementswet) first came into force on 1 September 1896, making it relatively old for a Bankruptcy Act. In 2011 the legislator decided that a new draft of the Dutch Bankruptcy Act was not a priority and there was no need to adopt amendments. Surprisingly, the Dutch - 5/15/2014
Cross-Border Bankruptcy Issues
Global InsolvencyCross-Border Bankruptcy Issues (2014 New York City Bankruptcy Conference) - Steven G. Panagos, Lisa J. Donohue, Kathryn A. Coleman, Jay M. Goffman, Hon. Allan L. Gropper, Daniel A. Lowenthal - 1/28/2009
Danish Shipping Company Files For Bankruptcy
Global InsolvencyAccording to a press release on its corporate site, Atlas Shipping A/S filed a petition for bankruptcy with the Bankruptcy Division of the Maritime and Commercial Court in Copenhagen. Simultaneously with the bankruptcy order in respect of Atlas Shipping A/S, bankruptcy orders were issued in respect - 7/15/2009
Credit Card Defaults
Conference Materialspay an extension of credit or finance charge. American Bankruptcy Institute 519 Disclosures and Billing Statements � Billing Statement. Billing Statements must be mailed to the cardholder at least 21 days prior to the statement due date. � Payment Figures for Cardholders. The Senate - 7/26/2019
Health Care Score Card
Conference Materialsface and attempt to resolve a series of new ethical questions. Electronic technology will also improve efficiency. The electronic medical record will be tied directly to billing. It will soon be possible for a physician to dictate directly into the record and have software that analyzes the type - 4/20/2008
Bankruptcy Reform Redux: Mortgage and Consumer Credit, Labor, Executive Compensation and Other Legislation In the 110th Congress
Conference MaterialsJanuary 1, until the day the $5,000 payment was made on January 15, compounded daily. So much for a grace period. After that, the consumer would be charged interest on the $20 past due,compounded daily, from January 15 to the end of the month. 164 3 The end result would be a February 1 bill that - 5/1/2024
Rule 9029. Local Bankruptcy Rules; Procedure When There Is No Controlling Law
Code and Rules(a) Local Bankruptcy Rules.(1) Each district court acting by a majority of its district judges may make and amend rules governing practice and procedure in all cases and proceedings12/9/2021The Legislative Landscape for Consumer Bankruptcy: Chapter 10, Student Loans and Beyond
Conference Materials2020, S.145, the proposed Medical Bankruptcy Fairness Act of 2021, and S 2598, the FRESH START Through Bankruptcy Act. Each of these bills have been read and referred to the Senate Judiciary Committee. No further action has been taken on them at the time of the writing of this paper. This5/1/2024Title 28. § 28 U.S.C. § 2075. Bankruptcy rules
Code and Rulesby law.
The bankruptcy rules promulgated under this section shall prescribe a form for the statement required under section 707(b)(2)(C) of title 11 and may provide general rules on the content of such statement. - 5/1/2024
Rule 8018.1. District-Court Review of a Judgment that the Bankruptcy Court Lacked the Constitutional Authority to Enter
Code and RulesIf, on appeal, a district court determines that the bankruptcy court did not have the power under Article III of the Constitution to enter the judgment, order, or decree appealed from, the district court may treat it as proposed findings of fact and conclusions5/1/2024Title 28. § 28 U.S.C. § 1334. Bankruptcy cases and proceedings
Code and Rulesof title 11, United States Code, as such section applies to an action affecting the property of the estate in bankruptcy.(e) The district court in which a case under title 11 is commenced or is pending shall have exclusive jurisdiction—8/6/2019A Look at Challenges to Rural Hospitals, with an Eye Toward Tennessee
CommitteesHealth Systems, Inc. (CHS). The debtors entered into a complicated debt structure that was in dispute in the bankruptcy case. The factors leading to the chapter 11 filings were described thus:Curae and Amory Medical, Batesville Medical, and Clarksdale Medical purchased
5/1/2024Title 18. § 18 U.S.C. § 158. Designation of United States attorneys and agents of the Federal Bureau of Investigation to address abusive reaffirmations of debt and materially fraudulent statements in bankruptcy schedules
Code and Rulesto abusive reaffirmations of debt. In addition to addressing the violations referred to in the preceding sentence, the individuals described under subsection (b) shall address violations of section 152 or 157 relating to materially fraudulent statements in bankruptcy schedules that are intentionally false5/27/2020On the Brink: Rural and Safety-Net Hospitals
Committeesfor the anticipated surge of patients by purchasing extra supplies and equipment, remodeling rooms or constructing alternative locations, or setting up drive-thru clinics. Compounding matters, hospitals face reimbursement uncertainty due to (1) the administrative and billing challenges in capturing4/29/2007The Category 5 Crisis: How Hurricanes Katrina and Rita Exposed Deficiencies in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
Law Reviewfilers are simply bankruptcy abusers looking to game the system and avoid paying their bills, ignoring the clear evidence that the overwhelming majority of people in bankruptcy are in financial distress because of job loss, medical expense, divorce, or a combination of these causes."). 5 It is9/25/2019The Role of Government Regulators in Chapter 11 Health Care Restructurings
Committees(“Hahnemann”), and certain of its affiliates commenced chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware to, among other things, conduct an orderly closure and wind-down of its 496-bed academic medical center in Philadelphia. Hahnemann provided a broad range of services to the community,12/24/2005“HERSTORY” REPEATS: THE BANKRUPTCY CODE HARMS WOMEN AND CHILDREN
Law Reviewbe able to file bankruptcy. Then, they misled the American people by advertising only that the new bankruptcy laws were intended to keep people who could afford to pay their bills from walking away from their responsibility. The plan was brilliant. Who could argue that bankruptcy should be10/16/2015Bankruptcy Trustees Have New Tool for Raising Cash
Committeesbased on 50 percent loan to value for a six-month timeframe. With this sum, he now qualified with the bank for a fresh line of credit.The lawyer of an elderly lady contacted one of these firms about a client in financial distress. She had sizable bills for medical care along with nursing home
4/24/2004The New Economics of the American Family
Law Reviewcould join the estimated four to five million women who now stay in full-time jobs just so that they can pay medical bills or provide health insurance for their families.14 A stay-at-home mother also provided a form of divorce-insurance. Divorce is the single most common trigger for stay-at-home11/22/2010ARTICLE: Life after Debt: Understanding the Credit Restraint of Bankruptcy Debtors
Law Reviewto manage their post-bankruptcy bills. This Article provides empirical evidence on whether and how families borrow after bankruptcy. Because creditors repeatedly solicit bankrupt families to borrow in the first few years after bankruptcy,2 and many families continue to face financial8/7/2018Janvey v. Romero: The Fourth Circuit Joins the Majority in the Split over Whether Bad Faith Can Be “Cause” for Dismissal Under § 707(a)
Committees. His monthly expenses exceeded his income by $350, due to medical expenses for his disabled wife.Janvey moved to dismiss under § 707(a), alleging bad faith. The bankruptcy court held that while bad faith may constitute § 707(a) “cause,” the debtor had not acted in bad faith.
4/23/1999The Failings of the Credit Counseling and Debtor Education Requirements of the Proposed Consumer Bankruptcy Reform Legislation of 1998
Law Reviewsailing through the Senate and the House of Representatives with votes of overwhelming approval, 4 the bankruptcy reform juggernaut of 1998 ran out of steam as lawmakers succumbed to veto threats of the White House and declined to submit the reform legislation as part of an omnibus spending bill at the4/28/2017Season 3 Episode 04 April 27
EyeOnBankruptcymade no mention of Section 1334, the grant of bankruptcy jurisdiction. AMERICAN BANKRUPTCY INSTITUTE 29 American Bankruptcy Institute • 66 Canal Center Plaza, Suite 600 • Alexandria, VA 22314 www.abi.org 27 Significantly, the legislative history said that the bill was intended only to1/15/2016Season 2 Episode 5 May 26
EyeOnBankruptcywith equipment leases for medical imaging centers. An involuntary bankruptcy is when a creditor files a petition against a debtor to force the debtor into bankruptcy . Under Bankruptcy Code Section 303(b)(1), there must be three or more petitioning creditors. The bankruptcy petition was originally1/27/2017Season 3 Episode 01 Jan 26
EyeOnBankruptcythat Capital One's lawsuit against Smith's husband had violated the co-debtor stay due to the operation of Wisconsin marital law, Wis. Stat. § 766.55 , which makes marital property available to satisfy certain kinds of debts. On interlocutory appeal, the district court reversed the bankruptcy court,1/3/2017Season 2 Episode 11 Dec 29
EyeOnBankruptcyFINDINGS OF FACT5 I. The Active Debtors in this Court a. Angela W. Speas In 2014, Speas was travelling for her job and ended up hospitalized. As a result, she incurred substantial medical bills . She thereafter began conducting internet research into the possibility of filing for bankruptcy protection to5/14/2019IN RE Thomas JOHNSON, Debtor
Case LawUnited States Bankruptcy Court for the Eastern District of Pennsylvania, United States, (Bankruptcy No. 19-10256-AMC)
Reported by West's Bankruptcy Reporter5/13/2019IN RE: VICTORY MEDICAL CENTER MID-CITIES, LP et al., Debtors. Neil Gilmour, Trustee for the Grantor Trusts of Victory Parent Company, LLC et al., Plaintiff, v. Connecticut General Life Insurance Company and Cigna Corporation, Defendants.
Case LawUnited States Bankruptcy Court for the Northern District of Texas, United States, (Case No. 15-42373-mxm-11 Jointly Administered; Adversary No. 17-4000-mxm)
Reported by West's Bankruptcy Reporter5/15/2019IN RE: Peter Allan WIZENBERG, Debtor. Howard Wizenberg, Plaintiff v. Peter Wizenberg, Defendant.
Case LawUnited States Bankruptcy Court for the Sourthern District of Florida, United States, (Case No. 17-23522-JKO; Adv. No. 18-01019-JKO)
Reported by West's Bankruptcy Reporter7/26/2019IN RE Audrey Eve SCHATZ, Debtor. Audrey Eve Schatz, Plaintiff-Appellant, v. Access Group, Inc., and Massachusetts Educational Financing Authority, Defendants-Appellees.
Case LawUnited States Bankruptcy Appellate Panel for the First Circuit, United States, (BAP NO. MS 18-016; Bankruptcy Case No. 14-30835-EDK; Adversary Proceeding No. 15-03001-EDK; Adversary Proceeding No. 17-00093-MCF)
Reported by West's Bankruptcy Reporter6/17/2019IN RE Lenora Jack DEEMER, Debtor.
Case LawUnited States Bankruptcy Court for the Middle District of Alabama, United States, (Case No. 14-12353-BPC)
Reported by West's Bankruptcy Reporter