Search for: "AMERICAN MEDICAL COLLECTION AGENCY"
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12 Dec 2014, 5:25 pm
Complaints to the CFPB indicate that many consumers do not even know they owe medical debt until they get a call from the collections agency or they discover it on their credit report. [read post]
1 Sep 2023, 9:05 pm
In a recent report, the CFPB concludes that current collection practices can cause significant harm to the millions of Americans who have medical debt. [read post]
11 Dec 2014, 10:41 pm
More than half of all debt on credit reports stems from medical expenses, according to the CFPB.Cordray said collection agencies sometimes don’t inform debtors of their obligations in a timely manner — and when the debtors seek credit and learn of a problem with their score, they scramble to pay up and are... [read post]
9 Jul 2013, 7:00 am
An estimated 14 million Americans are struggling with medical bills that they believe were sent in error to collection agencies, according to the Commonwealth Fund, a nonprofit health care research group. [read post]
18 Jun 2015, 6:14 pm
The CFPB is ordering the company to correct its business practices and to provide over $5.4 million in relief to harmed consumers.The CFPB notes that companies that "collect medical debt and supply this information to credit reporting agencies have a significant impact on consumers' credit scores. [read post]
20 Mar 2017, 1:09 pm
If you have past due medical bills, you may have experienced nagging phone calls from collection agencies or wage garnishments. [read post]
8 Mar 2024, 5:00 am
By DeAnna Baumle and Katie Moran-McCabe Americans are deeply in debt. [read post]
28 Apr 2022, 6:58 am
Nearly half of medical debt collection complaints involved attempts to collect a debt the individual said was not owed. [read post]
29 Sep 2019, 1:57 pm
Bernie Sanders for his proposal to wipe out $81 billion in medical debt, including by changing rules around debt collection and bankruptcy. [read post]
26 Jul 2017, 10:00 am
For 15 million Americans, unpaid medical bills are the only negative marks on their credit reports. [read post]
8 Aug 2017, 4:05 pm
Half of all the debt that appears on credit reports is connected to medical debt, and over 43 million Americans are carrying crushing medical debt. [read post]
19 Mar 2012, 8:52 am
Between 2005 and 2010, the number of Americans contacted by debt collection agencies for unpaid medical debts rose from 22 million to 30 million. [read post]
9 Dec 2015, 7:24 am
The Washington Post reports that more than 400,000 Americans die each year “in part because of avoidable medical errors,” costing the country $19.5 billion annually. [read post]
7 Jul 2011, 10:41 am
According to a 2008 study by the Commonwealth Fund, collection agencies contacted about 28 million Americans regarding medical debts over a two-year period of time. [read post]
28 Jul 2011, 12:32 pm
The data collection for this study will be complete later in 2009. [read post]
30 Jan 2024, 6:30 am
Among other things, the measures would set statutes of limitations for the collection of medical debt, prohibit the reporting of medical debt by health care providers and credit reporting agencies, and forgive such debt, among other things. [read post]
3 Aug 2011, 2:00 am
CNN’s report cited a study by the Commonwealth Fund, which found that in 2010, “30 million adults were contacted by a collection agency for unpaid medical bills. [read post]
4 Dec 2023, 8:20 am
As providers commonly engage collection agencies on a contingency fee model, physicians and dentists should remain diligent in their own billing and credit reporting practices and in the accuracy of the data they provide collection agencies, to maximize the return on their receivables. [read post]
28 Oct 2023, 9:03 am
It provides a process for federal agencies and museums to repatriate or transfer those pieces back to their rightful homes. [read post]
2 Jun 2015, 1:46 pm
The report estimates that 3 out of 5 bankruptcies are precipitated by collection from unpaid medical bills. [read post]
