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New administration plans to ease bankruptcy for medical debtors

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According to the Wall Street Journal Health Blog, President- Elect Obama’s economic agenda includes an interesting bullet point —
“Reform bankruptcy laws to protect families facing a medical crisis: Obama and Biden will create an exemption in bankruptcy law for individuals who can prove they filed for bankruptcy because of medical expenses. This exemption will create a process that forgives the debt and lets the individuals get back on their feet.”
Ellen Andrews

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