Can I lose my home due to unpaid medical bills?

I am 60 years old and am moving out of state. I will pay cash for home, so there will be no mortgage. Should I become ill and need emergency hospitalization, could I be forced to sell my house if I cannot pay the medical bills; I do not have medical insurance? My annual salary is $12,000; the market value of the house is $85,000.

Asked on September 5, 2012 under Bankruptcy Law, Oregon

Answers:

S.L,. Member, California Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

If you incur huge medical bills which you are unable to pay, you could be sued by the medical provider(s).  If that happens and there is a judgment against you, you can file bankruptcy.  There are exemptions you would include in your bankruptcy to protect your home and other assets from creditors' claims.


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