2-008.11 Reduction of Resources

The client may reduce available resources to the maximum without affecting eligibility if the case record contains documentation that the resources have been reduced and the unit is within the resource limits. The client's statement of debts may be acceptable. Unsecured debts do not reduce the value of resources unless they are actually paid.

An application for an individual who has excess resources may be held pending until the resources are reduced.

Payment may begin no sooner than the first of the month in which the client has actually expended the excess resources, if all other eligibility requirements are met. Medical eligibility begins with the first day of the month of the incurred obligation which was used to reduce the resources to the allowable maximum (see 468 NAC 4-006.01). Medical eligibility may not be established earlier than the three-month retroactive period.

(10/1/97)