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    anthony52's Avatar
    anthony52 Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 8, 2008, 12:13 PM
    Losing a house
    In the State of South Carolina, can I lose my house that is paid for if I get sick and can not pay due to I can't afford health insurance?

    Thanks,
    Anthony
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Nov 8, 2008, 12:31 PM
    Hello Anthony:

    If you are sued for unpaid medical bills and you declare bankruptcy, your house can't be taken.

    excon
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Nov 8, 2008, 12:50 PM

    Well excon this is the issue, if the house is fully paid for, they can not do a bankrutpcy, they have too much equity in the house.

    So the answer to that question is yes it may be possible,
    They will sue, they will get a judgement, they will take any money in the bank, put a garnishment on your pay first.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #4

    Nov 8, 2008, 12:53 PM
    Hello Padre:

    Probably. I guess they're going to get their money and put us in the poor house no matter HOW much we prepare. Maybe I was living in hope.

    excon

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