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Sold property and then ...

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Kaite

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Post Posted: Tue May 18, 2010 7:10 pm    Post subject: Sold property and then ...
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We purchased some farm property in WY from a cousin who was unable to make the payment on it. We purchased it 6 months ago for the cost of the note due. The history of this property is .. The property was put into a trust in Oct. 2009. Prior to that time it was titled to Bob and Jean. It was removed from the trust 8 months ago and we completed the purchase ..... when we purchased it it was in Bob's name only... we purchased the property from Bob. Jean died two months ago and now medicare has put a lien on the property we purchased. How can we be held responsible for another person's medical bill? It was not sold for hiding assets it was sold because the owner could not make the payments anylonger.

Thank you.
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jenkin7




Joined: 04 Jun 2007

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Location: Hawaii
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Post Posted: Tue May 18, 2010 9:27 pm    Post subject:
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Hi Kaite,

I understand that the property was not sold to avoid the Medicare lien. But unfortunately, Medicare authorities do not understand that. When there were outstanding medical bills to be paid and the Medicare was to be reimbursed the cost of the service rendered, the property should not have been sold.

Even though the transfer of ownership is valid, Medicare will still have the right to place lien on the property. They will not listen to the fact that you have purchased the property from Bob and Jean and have no obligation to reimburse Medicare. I think you will have to pay off Medicare to remove the lien. However, you can contact Medicare in this regard to check out if there is any option available for you.
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