spouse medical bills


cancer sucks

Lost employment and family medical insurance 2 weeks ago. Wife diagnosed
with breast cancer last week. Already 2 surgeries with radiation for 6 weeks
to follow. I expect the medical fills to be close to $100,000. in the end
and I don't see (at least now) how we will be able to repay. At this point
in time we are living on small savings that with prescription drug costs may
last 3-4 months. Enough of the sad situation.

Is a 401K protected or will I be required to cash out (lose) this retirement
account to the hospital bills in the event of eventual bankruptcy? In

any tips?




Brett Weiss

Your 401(k) is protected under the new bankruptcy law. I hope all goes well
for your wife.

Brett Weiss
(e-mail address removed)

Maryland, DC and Federal bars
Member, National Association of Consumer Bankruptcy Attorneys

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The Small Print: This response is for discussion purposes only.
It isn't meant to be legal advice and you shouldn't treat it as
such. If you want legal advice, speak with a local lawyer
familiar with your state's laws who can review *all* of the
facts and the law applicable to your situation.




Are you in the U.S.? If so, can't you use COBRA to cover your wife's
future medical bills? HBee.

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