In Sickness and in Health – An update on Medical Bills & Matrimony
Medical bill are the thing we hate most. Nearly 41% of Americans have some type of health care debt. The US owes at least $220 billion alone in medical debt. Many people turn to bankruptcy when their debt becomes unbearable. The common sense would lead us to believe that the person who incurs the debt is responsible for it. This is generally true, except for those pesky medical debts. This is true in most cases, except for those pesky, medical debts. This has created many difficult situations over the years, especially when one spouse wants to file for bankruptcy. Can you imagine having no debt to your name but still having to file bankruptcy because your spouse’s medical debt collectors could come after you?
Thankfully, this unfair practice is changing. Minnesota Statute 519.05 will be amended with the passage of the Minnesota Debt Fairness Act. Married couples will no longer be responsible for their spouses’ medical debts after August 1, 2024. Call Now for A Free Strategy Session with A MN Bankruptcy Attorney
Do You Have Questions About Medical Debt or Bankruptcy in General? We can help! We do all the heavy lifting at LifeBack Law Firm to ensure that you have a stress-free bankruptcies. When the time is right, or when you are ready to get your life back, reach out to Minnesota’s most kind and helpful bankruptcy law firm by going now to
www.lifebacklaw.com
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