Medical Debt

Getting Help With Your Hospital Bill It seems like every day we hear a story about someone who cannot pay his or her hospital bill. Even with health insurance, if a person suffers a devastating injury or illness, the expenses can far exceed six figures. If you were the one receiving that kind of bill, what would you do? The good news is that hospital bills can be taken care of. The internet has made it much easier to find the discrepancies in bills from one hospital’s charges to the next. This not only makes pricing more competitive, but it may [...]

Finding the Right Help With Medical Bills It is not hard for the treatment of an illness or injury in the United States to reach six figures. Even having insurance, the balance remaining due can still be eye-popping. You may feel like you are young and healthy so you are not likely to have any medical bills any time soon, but is all it takes to change that. Getting professional help with medical bills is crucial to ensuring your finances don't spin out of control. According to the Federal Reserve, roughly two in five Americans have had their credit scores negatively [...]

What to Do if You Have Medical Debt If you are having trouble paying off medical debt and think that bankruptcy is your only option, consider looking into other options first, especially if your credit is good. While bankruptcy will likely cause your credit score to drop, it will not last as long as you think. However, if you do not file for bankruptcy and you still do not pay your medical bills, you could find yourself in an even worse situation. First, you will start receiving late notices. Eventually, the creditor might sue you and get a judgment against you. [...]