My dad is in a similar situation but his insurance is about to drop him. Unfortunately, my dad is only a Vietnam Vet but NOT a government employee. Why should we be happy about Giffords’ recovery when millions of Americans don’t have or can’t afford insurance and are dying or going bankrupt daily because of the high cost of maintaining health once injured or sick? I only hope Gifford gets healthy soon so she’ll stop draining America and her insurance company of our and their money.

Technorati Tags: dad, government employee, insurance, insurance company, maintaining health, money, vietnam vet

Ok, please don’t judge. These decisions were not easy, I did not make them lightly.

My wife was injured in a serious car accident 2 years ago, has had multiple surgeries. She will be receiving a settlement from the other driver’s insurance company within a few months, it appears. And we are moving back to our home state to be closer to family. Because of her injuries and all, we could not afford our house any longer. I recently received a notice of foreclosure. Also, she had about 25,000 in credit card debt, that has not been paid in about 6 months.

What can I do? She will need that settlement money for future medical care, moving expenses, etc. I don’t mind settling SOME of the credit card debt, but no way we can pay it all off now. Also, the house: If they foreclose, so be it. I can’t worry about that, I will just move on. But I don’t know how long that will take, and we are probably still a few months away from settling with the insurance company. Plus, our house is VERY upside down, so I can’t afford to short sale it and pay the difference.

Should I get an attorney, and what good would they do? Could they help us settle those debts and still keep some money for my wife’s future medical expenses?

Technorati Tags: accident 2, car accident, credit card debt, debts, decisions, foreclosure, insurance, insurance company, medical care, medical expenses, moving expenses, settlement money

Please read all of the following to understand my concern before responding.

Saying up front, I’m not a lefty or a righty. I want the best person for the job at whatever level in politics. So, I’ve been getting started on my research. While making dinner last night, I heard something disturbing on TV. The subject was about how Newt Gingrich went against his party and his quote about “right wing social engineering” or something like that. Then a picture of a Republican who was head of something, I didn’t catch it, followed by an audio of him saying “….Medicare as we know it has to change or it will go bankrupt by 2024.” Later, I went on the Internet for info on this issue and became acquainted with the terms “right” and “entitlement”, as they relate to these issues. “Entitlement” was used in the same context as welfare or a gift. Then I began to consider these facts:

1)My sister, who is retired and disabled, worked for over 30 years and paid into Medicare via mandatory FICA deductions
2)I worked for over 30 years and did the same
3)Neither my sister nor I were given a choice. We were forced to pay.
4)Just because the Republicans say Medicare will go bankrupt by 2024, does that make it so?

I then read that Republicans think that what my sister and I were forced by the government to pay into for over 30 years, with a promise that we’ll be covered after age 65, is NOW somehow the equivalent of us asking for welfare? They want to change it later so that my sister and I will get a “voucher” to go buy our own insurance from the insurance company of our choice, but we won’t be able to afford the difference between what the voucher allows us and what the insurance company will charge for the same coverage. Seems to me, we should be guaranteed the same or better coverage for no additional financial burden on us, since the government made us pay for 30 years without asking us if we want to or not.

On the other hand, I’m reading that the Democrats are saying no to Republicans on changing Medicare, saying to the people, “You have worked and paid into it, you deserve it, and you will continue to receive it.”

If the above is true, then label me what you want: liberal, lefty, whatever. I’m about fairness. In this issue, if the Republicans, or “conservatives”, were successful in this, then for me, the “conservatives” would be bullies, and the “liberals” would be their victims. The fox was allowed into the chicken coup by dropping regulations for Wall Street, corporations, and the banking industry. Greed ran rampant and unchecked, creating an economic crisis. The American people as a whole already bailed out banks and corporations. Now they want to rape Medicare, and senior citizens, to make them all richer. How low down and dirty is that? Do you think this is right or fair?
@John: Given what I wrote above then reading your "contribution", I was about to call you an @$$ Hole of the highest order. Then I realized you’re just jealous, bitter, and ignorant, and you deserve my pity.

Technorati Tags: democrat, fica deductions, financial burden, insurance, insurance company, job, lefty, medicare, newt gingrich, own insurance, republican, republicans, social engineering, voucher, welfare

I had unauthorized deposit to my account. earlier this week I had my account overdraft because I paid my insurance company and they took more than they were supposed. I told my mom to ask her for help and she was furious saying that it is my fault that i will go bankrupt and I will never recover from this. Now I have deposit that I don’t know what it is from and I googled they name of the company and it is a cash loan company. I want to close my account, but I am afraid I will not receive my paycheck because my company I work for requires direct deposit. So what do I do? How do I make sure I get my money.

I feel horrible my mom is going to make remarks and say i deserved what I got. I am 27 and wants me to report everything I do to her. She told this is what happens to people like me. I am not a bad girl at all.

Technorati Tags: account overdraft, bad girl, cash loan, direct deposit, insurance, insurance company, loan company, mom, money, paycheck

My Dad, husband, and brother all were going to Vegas in June. ATA has went bankrupt. We called travelocity and they told us to go through the insurance company to get our money back. The ins. co. told us that bankruptcy is not covered under the policy. Shouldn’t ATA have to pay back all the people that haven’t used their tickets yet? Is there any way to get our money back or are we just scre###?

Technorati Tags: ata, bankruptcy, brother, dad, ins, insurance, insurance company, money

Ok, I have 5 negative and 5 positive credit marks on my credit report. My fiance has 0 positive and 2 negative. We both have a negative mark for a joint automobile. We were both in a wreck (not our fault) and have been w/o transportation and a job b/c of the wreck. It caused a lot of things to become negative marks.
I dont see how I have positives b/c we were unable to pay everything other than rent/electric/water. We got some money from the insurance company for pain & suffering and lost wages. Currently, I have paid off 1 of his negatives (not the vehicle, but the credit card he has)… and 3 credit cards that were negative. I am still months late on one loan (which is still deemed positive). The other credit card I never used and had closed a yr ago. And the other positive I am making minimum payments on (but was late 2 months).

So, all the APRS have shot through the roof… combined, we are about 12-13000 in debt (most being the vehicle, followed by my loan and credit card). The APR on the vehicle is outrageous…and payments more than doubled. Only 1/9 goes towards the vehicle…the other 8/9 goes towards the finance charges. The vehicle is on a Honda credit card.

Should I file bankruptcy? What about 3 yr bankruptcy term (or shorter)? How does that work…will it show in the future after 3 years?
Also….if I filed bankruptcy….would the vehicle be only his repsonsibilit then? How can we get the vehicle out of our life…lol! Its a pain, monthly payments are outrageous…and its not worth what we owe now.
I do have a old vehicle that was given to be as a present a few years ago as a graduation present. Its pretty old, but it runs ok (not well). Its probably only worth about 1000. I use it as backup if I have an emergency…but it doesnt run very well so I dont like to drive it.
If I filed bankruptcy…would they take that away?

Technorati Tags: 3 years, amp, aprs, automobile, credit card, credit cards, electric water, fiance, finance, graduation, honda, honda credit, insurance, insurance company, job, life lol, minimum payments, should i file bankruptcy, suffering, wages

I’m 23 years old. Last year I was in a car accident and now I owe thousand something to the insurance company. I missed my payment last month and now they want to file a lawsuit. Meanwhile I’m paying 0 a month for a car I don’t even have anymore. The biggest thing on my credit report is a 0 medical bill. Just seems like there isn’t enough money coming in to pay everything every month. Should I file for bankruptcy? I really really don’t want to do this.

Technorati Tags: 23 years, car accident, credit report, enough money, insurance, insurance company, medical bill, should i file for bankruptcy

I was in a car accident in july, but have no idea how long the settlement will take. The guy that hit us had no insurance, so my lawyer said i half to sue my own insurance company. If i file for chapter 7 bankruptcy can they take my entire settlement? It will cost 1100 bucks to file for bankruptcy, which i will half to make payments on. If i get my settlement before im done paying for bankruptcy, can they still take it? Is there anything i can do??

Technorati Tags: car accident, chapter 7 bankruptcy, insurance, insurance company, lawyer, own insurance

I had a wreck awhile back and i’m being sued. Am I going to owe money or will my insurance company cover it? and should I file bankruptcy? I’ve heard that somewhere also…and will i ever be able to get insurance?
i had full coverage if that matters

Technorati Tags: full coverage, insurance, insurance company, money, should i file bankruptcy

Surely it’s not the idea of government offerring a reasonably priced and fairly administered health insurance contract?

We have seen how corporate America works. From the big banks, to the big credit card companies and mortgage lenders, right. You don’t pay these guys at least million per year, they wouldn’t even consider showing up for work. Most of them wind up getting Million or million when all parts of their pay and compensation and pension and healthcare and expense account are figured in.

So the idea that corporate America is ludicrously greedy and rapacious is not news to anybody who has actually been on planet Earth for the past 10 years, right.

Now comes government, and says it wants a non-greedy, and non rapacious healtg insurance company. It wants to set one up. It wants a chance to compete with the insanely greedy private companies, maybe offer a better product, or make them offer better products by giving them some honest competion.

Well, if that’s all there were to the offer, only a real Chicago School Purist would object.

So, what’s the big objection to the Public Option?

Here it is.

Imagine a company that wanted to sell flood insurance. OK so they sell most of their policies in the floodplain areas of the USA.

In order to attract customers they say "We will pay off on these policies even if you buy them after your house has been completely washed away and destroyed utterly by a flood."

Well, of course they sell a lot of policies, particularly after big floods. Everybody whose house has been destroyed buys a policy for ,000 and then puts in their claim for their destroyed house for 0,000.

Miracle of miracles this company soon finds itself in big financial trouble. Why?

Because ,000 is a much smaller number than 0,000.

Now come the company executives, and they say, "How were we to know that our business model was faulty?"

We went to Princeton, Harvard, and Yale, we studied speechmaking, and community organizing, and political theory. We have never seen the inside of any business, met any payroll, done any cost accounting, kept any books, or developed any business models.

How were we to know?

Is this really similar to a health insurance company that agrees to insure all persons regardless of pre-existing conditions.

Imagine that the person is like the house.

Imagine that the pre-existing condition, perhaps glioma of the brain, is the house already having gotten washed away in the flood last week.

Imagine that the premium is ,000 per year.

Imagine that the operation for the glioma costs 0,000.

Now, the rule of arithmetic that we visited earlier
is still true, ,000 is a smaller number than 0,000.

Who could possibly imagine that such a health insurance company would run into financial trouble, and quite quickly, and quite deeply?

No one in government. They went to Princeton, Harvard and Yale, you know the drill.

The problem is this: The bad flood insurance company only hurts itself, it’s policyholders, its employees and it shareholders. It winds up in bankrupcy Court and gets eliminated, within about 6 months.

But the bad (crazy) U.S. Government backed health insurance company, can’t go bankrupt. It has the full faith and credit of the Federal government behind it, who can print money, or take the bad debt onto the Fed Balance sheet.

So this becomes the money black hole. It’s like a cash whirlpool. The money disappears down it, and never comes back, and it gets bigger and hungrier every day, every hour.

The rathole down which USA disappeared.

So — the problem is all about the fact that the government has a completely crazy business model for how a health insurance company can operate — and it’s not their fault — what do they know from insurance? Zilch — they are community organizers!

So this is an idea in which everybody is a victim, even the ones coming forward with the idea now, they are victims too ”How were they to know?"

Technorati Tags: business model, chicago school, company executives, competion, corporate america, expense account, financial trouble, flood insurance, floodplain areas, floods, health insurance, health insurance contract, insurance company, miracle of miracles, mortgage lenders, objection, planet earth, private companies, purist, speechmaking

Miles White-Abbott 17,395,000
fred Hassan- Schering-Plough 15,677,000
Bill Weldon-johnson & Johnson 13,202,000
H. Edward Hanway-Aetha 12,656,000
Angela Braly- Well Point 5,127,000

(Angela might be a wee bit upset…look at the difference in incomes just because she is a woman..lol

The way to maximize profits is to raise premium & deductibles and deny claims

This is proof as reason why we have to pay such high rates and they are going up

How can any defend these companies?

How many millions have gone bankrupt because they could not pay?

Yet these people rake in millions per year…to do what? deny claims, raise the rates and tell the doctors who they can or not treat?

These companies are paying big bucks to put out ads all against any reform and tell us how bad it will be…no wonder they are worried look at the money they will lose if another insurance company is allowed to move into their states..or the dreaded ‘gov

Thoughts? Should some anger in the country be directed to them for a change…why such high wages…and this is the top ones,,, then there are the fees..charged on top of each and every bill sent to them

No wonder we are in this mess? They are as bad as any bank ceo
but remember we are talking about health care ..aren’t we

Or is it all money ONLY?

Technorati Tags: abbott, aetha, amp, angela braly, anger, bank ceo, deductibles, doctors, fred hassan, h edward hanway, health care, incomes, insurance company, profits, proof, rake, schering plough, wages, wee bit, weldon johnson

Can you file Bankruptcy without an attorney? Please do not say "Pay your bills". The bankruptcy is due to an anormous amount of surgery/ doctor bills that the insurance company came back almost a year later and denied after turning in form after form. It is a long story.

Serious Answers ONLY please and if you don’t have an answer please don’t answer at all. I just need the answer to the question, just a yes or no. I know it is better with an attorney. I just did not know if you can without one.

Technorati Tags: bankruptcy, doctor bills, insurance, insurance company, surgery doctor

I refinanced my house through Ocwen in 2002 just before a major surgery to help with cost that I knew I would incur during the no work time. They told me one thing on the phone and when it came to signing, the paper work was nothing like what they offered me on the phone, but at the time is was only one week before surgery so I went ahead and signed. Since then I struggled and finally last year I was able to pay off my 2nd mortgage and all credit cards. The only bill left was the mortgage, since I paid off my vehicle the year before. November of last year I was in a bad car accident that totaled my vehicle. After receiving the check from the insurance company I purchased a used 2008 Dodge Advenger for 15,000 with 6,500 down on a 36 month loan. (Trying to stay debt free). Well December comes in and on the 2nd I was informed that layoffs would begin that week and sure enough two days later I got the call not to come in. This was a big surprise, since my company received records profits just the quarter before. Anyway I feel really bad, but I just cannot handle the mortgage payments anymore and I have tried everything to get the mortgage company to do something. They say I do not make enough for them to be able to help me. I am currently spending three hundred every month more than I am bringing in. My savings is now gone and starting to use credit cards again. And at this point I have a good chance of getting a job outside of Michigan, but if I do get the Obama modification I have to stay here with no hope of a job. Things just look worse at my company each month.
Will I be able to keep the car even though there is some equity in it? And can I let the house go this way with no reprecussions? I feel bad, but I also feel they took advantage of me when I was in a bad situation. And I have had the house on the market for over three years with not even a glimmer of hope. Thanks in advance for any and all advice. For those who like to talk down about people that file bankruptcy I pray you never find yourself in this situation. Current situation:

House owed 99,500 value about 105,000
Car owed 7,000 value about 15,000 (kbb)

Technorati Tags: 2008 dodge advenger, bad car, bad situation, bankruptcy, car accident, credit cards, dodge, getting a job, glimmer of hope, good chance, insurance company, layoffs, major surgery, mortgage company, mortgage payments, ocwen, profits, reprecussions, thanks in advance, work time

The insurance company for my former Mortgage company claims I owe over ,000 from the loss occurred by the foreclosure but are willing to accept a lump sum of ,000. They will only accept payments on the original amount. How can I have the amount lowered and still allowed to make payments?

Technorati Tags: company claims, foreclosure, insurance, insurance company, lump sum, mortgage company

I recently got in a car accident and my insurance company did not cover the extent of the accident. The insurance company is calling and asking for an outrageous amount. I s there a way I can negotiate a lower price and or payment plan?
The outrageous amount is 15 grand and the poor person I hit owns a Mercedes.

Technorati Tags: car accident, extent, insurance, insurance company, mercedes, poor person