I had my 1st Transplant in 2000, worked until end of 2009, applied for SSDI was accepted, wont receive 1st ck till June 2010. During the last 10 years I dwindled my saving due to being sick off and on. I only have 21,000 left, I owe credit card debt of 35,000. They worked with me on lowering the interest rate but not the amount. I am being put back on the transplant list for the 2nd time. I wont get medicare A&B until 2 years after my 1st SSDI check. My Health Insurance is 800.00 per month, I need that 21,000 to pay my health insurance premiums for those 2 years. My wife works but only makes 12.00 p/hour. Her company has health insurance but won’t cover transplants. We make to much for Medicaid assistance. Our home has equity of about 20,000 if it would sell. We can make the payments and necessities if we don’t pay the credit card payment of 778.00. I know bankruptcy would take my 21,000 in savings in a blink of an eye. Then I wouldn’t be able to have my transplant. The credit card debt is my name only.
Can the credit card company go after my SSDI or my wife. Can they take me to court and order that I turn over my savings that I need for my health insurance premiums, for my life saving transplant? What is my best option? Is there anything I should do before stop paying the credit card company?
It really depends if the credit card account is a joint account or in your name only. Also, if you have any assets in your name that could be a problem as well. I need more information in order to answer your question.
Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.