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In reply to the discussion: Plaintiff challenging healthcare law went bankrupt – with unpaid medical bills [View all]veganlush
(2,049 posts)11. just as so many Obama critics
don't know the meaning of the word socialism, and don't understand what it means, so too do many of them fail to understand what bankruptcy is. It's a taxpayer bailout. It was the founders alternative to England's debtors prison. Bain capital used taxpayers money in their schemes which involved loading up un viable companies with debt and then filing bankruptcy in order to take taxpayer money.
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Plaintiff challenging healthcare law went bankrupt – with unpaid medical bills [View all]
SunSeeker
Mar 2012
OP
"an example of exactly the problem the healthcare law was intended to address. "
babylonsister
Mar 2012
#1
You can declare bankruptcy in Florida when you only owe $4,500? No wonder all the crooks there..
Monk06
Mar 2012
#4
In Canada the minimum debt to declare personal bankrupsy is $1000 which surprised me
Monk06
Mar 2012
#33
So, She's bankrupt now and can't pay her medical bills. So guess who she wants to pay her bills now?
W T F
Mar 2012
#29
So then the governmen, that is the taxpayers, picked up her unpaid medical bills.
krispos42
Mar 2012
#41
Good point. They do that on top of inflating their charges to cover nonpayment. nt
SunSeeker
Mar 2012
#49