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Debt Collections Issues involved in the collection of debts, including car loans, student loans, credit cards, judgments and medical debts.

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Old 05-27-2005, 08:41 PM
Cadd48 Cadd48 is offline
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Location: Philadelphia, Pa.
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Default Liability to Pay for Nursing Home
I'm not quite sure if this is the correct section to post this. If not then please forgive me and relocate in the proper section.

I will try to explain or ask this in a understandable sense. I have a half-brother who resides in Kentucky. His mother recently signed the home that he has been living in for more than 10 years over to him. During the time that he has lived there he has invested or spent approx $20,000 - $30,000 in numerous types of improvement on the property. Along with paying property taxes & insurance throughout the 10 year period.

That is a brief background on the situation. Here is mine or his question, I'm asking for him due to his not having access to the Internet. He has heard through a friend that if & when his mother needs to be placed in a nursing home. That if need be the nursing home can more or less take back the property from him within a 5 year period of his mother being placed in the nursing home. In order to be sure that what ever amount my arise from an extended stay at the nursing home is paid for. In short they can take the property and sell it to recover any losses incurred.

Is there any truth in this? Does he need to contact a attorney to find out what if anything needs to be done to keep this from happening?
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Old 05-28-2005, 10:48 AM
aaron aaron is offline
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Default Medicare Planning
When a person goes on Medicare, certain of their assets can be reached to pay for long-term care. Your friend should consult a lawyer who practices Medicare financial planning, so as to figure out which (if any) of his mother's assets would be subject to a Medicare lien, which would be exempt, and how they might be restructured.
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