Options when payor cannot afford chapter 13 and too soon for chapter 7?
Good question. It is always a good idea to be fully aware of the bankruptcy system and the effect it will have on your life before filing. Filing for bankruptcy is the best remedy for many debt problems. However, there are other courses of action that may be better in certain situations, allowing you to avoid bankruptcy completely. One benefit of hiring a bankruptcy attorney is that doing so might actually help keep you out of bankruptcy court.
Definitions of Payor on the Web: The maker of a payment en.wiktionary.org/wiki/payor One who makes payments. www.titleagency-listings.com/topics/terms.php The party that issues the transfer. www.indiana.edu/~iutreas/bankingterms.html It is an English word, I don't know if it spelled differently in England than in the US.
If you failed to deposit a check issued over six months ago but still have the original check and can mail it back to the payor is the payor bound by law to draft a new check?
What happens if non biological father paid child support due to mother not knowing who the father is?
Can you cash a check at a the bank where a check is wrote to you if there is no money in the account?
You can and it would probably bounce due to insufficient funds, unless the payor had bank coverage for IF, then the bank would pay it. The payor [you'r the payee, the one who should be receiving the money] would be penalized by the bank if they dint have the IF coverage, as I understand it, I've never been in that situation.
When you file the secondary claim with the primarys EOB months later can the secondary claim past timely filing if claim was filed soon after receiving payment from primary?
61.1301 Income deduction orders.-- 2. Service upon an obligor's payor or successor payor under this section shall be made by prepaid certified mail, return receipt requested, or in the manner prescribed in chapter 48. (c)1. The obligor, within 15 days after service of a notice of delinquency, may apply for a hearing to contest the enforcement of the income deduction on the ground of mistake of fact regarding the amount owed pursuant to an order…
Our practice is considering not filing secondary insurance claims. Are there consequences to the practice?
It means that the payor paid enough premium into the policy that the accumulation of cash in the policy grew to an amount that exceeds the number shown as the life insurance amount. For example, there is a $50,000 life insurance policy. The payor paid $30,000 into the policy at policy inception and paid nothing else. The $30,000 is credited interest or is invested in the stock market so that the $30,000 grows over time…
In the state of Illinois and I think the United States in general, hospitals must see every patients that come to the ER. They also must admit any patient that needs medical care regardless of payor source. If patient needs an elective surgery or something outpatient I do not think that the hospital is required to perform the surgery. If a patient comes in through the ER and it is discovered that the patient needs…
Is the legal payment date the date the transaction is initiated or the date the payee receives the payment?
My mother was just diagnosed with stage 4 cancer. Will her medicare pay for the pet scan the Dr. has asked for Her medical ins. will not.?
In April 2009, Medicare expanded PET scan to include most cancers that are solid tumors. So, this would not cover cancers such as Leukemia, which are blood-based and not solid masses. I do not know what kind of cancer your Mother has. You should still contact Medicare to be completely sure. Another good source would be any hospital Admissions department which makes assessments on Medicare payment eligibility. (Be sure to mention that Medicare is a…
No, and neither is the interest. It makes no difference what steps or methods of collection were used to get you to pay. If anything, actions done under legal persuasion are LESS tax deductible as the payor should get no benefit from what the courts had to impose. That would be against the public good.