Category Archives: Medical Debt

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Getting a Mortgage After Bankruptcy: The Letter that May Make the Difference

Since filing for bankruptcy protection may shave more than 200 points off your credit score (more if your house was foreclosed on!), it stands to reason that you may not be the picture of a good risk when applying for a mortgage. However, that doesn’t mean you can’t get a loan approved; a good letter……
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Most Americans Can’t Afford Health Insurance Coverage

In the aftermath of the recent presidential election, many people are currently wondering what is going to happen to their health insurance plans. Throughout the election, there was a debate about whether Obamacare would remain the law of the land if and when Donald Trump got elected president. Now that Trump has won the election,……
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New Jersey Senator: Fix Medical Debt Reporting

Anybody who has had significant medical treatment lately knows just how expensive healthcare can be, even if you have good insurance. Making matters worse, many medical facilities aren’t very good at exercising patience as they wait for the bill to be paid. It is not at all unusual to see medical debts being sent to collections without the care provider ever trying to contact the patient to determine if and when the bill will be paid.


Is Medical Debt Really The Leading Cause of Bankruptcy?

Earlier this month, former U.S. Rep. Patrick J. Kennedy made news when he claimed that out-of-control medical costs were the most common cause of personal bankruptcies in the United States. Kennedy made this statement while offering his support for President Obama’s health care act. Kennedy’s assertion led many to wonder whether this was really true…….
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Suit Alleges Medical Debt Collectors Are Holding Patients Hostage

Anybody who has had expensive medical treatment lately knows just how relentless medical debt collectors can be. Even if you are fortunate enough to have health insurance, the co-pays and deductibles alone can be difficult to afford. In some cases, debt collectors don’t even wait for the insurance company to process the bill before coming……
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