UVA Health System revamps aggressive debt collection practices after report Add to list Heather Waldron lost her home to foreclosure proceedings after UVA Health System sued her for $164,000 after she was unable to pay her bills. (Griffin Pivarunas for Kaiser Health News/Photo by Griffin Pivarunas for Kaiser Health News) By Jay Hancock, Elizabeth Lucas and Kaiser Health News Continue reading “UVA Health System revamps aggressive debt collection practices after report”
Tag Archives: bankruptcy
Inherited IRAs are Not Protected in Bankruptcy as “Retirement Funds”
On June 12, 2014, the U.S. Supreme Court decided the case of Clark v. Rameker. The Court held that Inherited IRA’s were not “retirement funds” and therefore, not protected assets in bankruptcy. Background The petitioners in the case had filed for Chapter 7 bankruptcy and were seeking to exclude approximately $300,000 from the bankruptcy estateContinue reading “Inherited IRAs are Not Protected in Bankruptcy as “Retirement Funds””