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Debt collection agencies must follow federal rules when contacting individuals about unpaid bills. As noted by the Consumer Financial Protection Bureau, some collectors may also not find it worthwhile to mail notices for outstanding bills worth small dollar amounts....
Medical debt is a serious issue in the US. All it takes is one serious health issue to put most people into debt with medical bills. CNBC explains medical debt is often a leading reason for people to file for bankruptcy protection. You certainly are not alone if your...
Over the last year, thousands of Americans have become members of a group that none would ever have wanted to join – the millions of individuals who are dealing with medical debt. Right here in Louisville, men and women are struggling to keep their heads above the...
Many Americans are finding themselves in a financial predicament. Some have lost jobs or seen reduced hours, which can make it challenging to pay rent, utility, and grocery bills. Many of these individuals have also seen their health insurance affected. They might...
Families may be facing higher medical bills with lower incomes this year. This can lead to potentially insurmountable medical debt. You can take some steps to limit this debt. Credit cards Avoid the temptation to charge medical debt to your credit card. This may get...
Navigating social distancing and debt during the coronavirus crisis
Patients in Kentucky who cannot afford their outstanding medical bills often have more problems than merely fielding calls and letters from hospital debt collectors. While they struggle to find enough money to provide for themselves and their families, they might also...
According to CNBC, 137 million Americans have medical debt that they cannot tackle. Medical debt is the leading cause of Americans who seek to cash in their retirement or 401(k). No one can prevent medical bills from occurring. Accidents happen, illnesses are not...
Admitting that your medical debt has accumulated to the point of extreme worry is always a stressful situation. However, there are ways to alleviate the anxiety caused by the debt itself by finding alternative ways to deal with the problem. One of the most overlooked...
Getting a cancer diagnosis is devastating enough on its own, but when you realize the financial impact of the disease, it becomes even more terrifying. Many people in Kentucky face financial issues due to having cancer. It is something that puts the state of the...
