WHAT IS THE LAW CONCERNING A LETTER OF PROTECTION THAT I MAY PRESENT A DEBTORS ATTORNEY FOR A MEDICAL BILL?

Full question:

WHAT IS THE LAW CONCERNING A LETTER OF PROTECTION THAT I MAY PRESENT A DEBTORS ATTORNEY FOR A MEDICAL BILL?

Answer:

A letter of protection asks the doctor to treat an injured patient for the injuries and wait to be paid until any settlement is made or judgment is collected. If a doctor does accept a letter of protection, then he or she is paid out of any settlement or judgment collected. However, despite a letter of protection in the patient's medical file, the patient is ultimately responsible for the medical bills in the event the case does not resolve in their favor.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

A closing protection letter is typically provided by a title insurance company. It serves to protect parties involved in a real estate transaction from potential losses due to fraud or errors in the closing process. The letter guarantees that the title company will cover certain risks associated with the closing, ensuring that funds are handled properly.