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vendee's lien—a buyer's lien on the purchased land as security for repayment of purchase money paid in, enforceable if the seller cannot or does not convey good title. vendor's lien—a seller's lien on land as security for the purchase price (sometimes called an unpaid vendor's lien). voluntary lien—a lien created with the lienee's consent.
Atrium Health placed these liens on thousands of patient homes to secure unpaid medical debts. Although legal, these liens allowed the hospital to claim payment if the homeowner sold or refinanced ...
Some 11,500 liens on people's homes in North Carolina and five other states will be released, Atrium’s parent company, Advocate Health, said with some dating back 20 years or more.
Medical debt is considered as a non-priority unsecured debt in Chapter 7 bankruptcy. In other words, medical debts are paid only after assets are applied to the debt of creditors who hold priority debt, and thus medical debts are often discharged in their entirety at the conclusion of the bankruptcy process.
In the United States, ERISA reimbursement refers to the efforts of an ERISA Plan administrator (an insurer) to obtain repayment from an insured person who had previously received payments for personal injury medical bills. [1] [2] When an insurer pays an injury claim to someone, the insurer can seize cash settlements from whoever caused the ...
Medical bills from various sources—credit cards, lenders, family, friends, or collection agencies—can quickly become overwhelming. But there's a potential solution: medical debt consolidation.
In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment. [1] Unsecured debts are sometimes called signature debt or personal loans. [2]
Like all debt, medical debt left behind after your death is paid by your estate. The debt goes to the person handling your estate — called an executor. The executor’s job is to manage the ...