How to pay off medical debt fast - Save time and money
Falling into debt due to the high costs of medical care is very common. An unexpected medical emergency might crop up anytime. Lack of medical insurance and the high cost of medical care also significantly add to these debts.
If you are in a similar plight, with huge medical bills taking a toll on your finances, then do not worry. We can help you tackle your hefty medical bills successfully.
How can I help you with paying off medical debt?
Once you contact us:
- One of my assistants will take down the details of all your medical bills.
- I will review your file and check for duplicate charges and unreasonably high medical costs, if any.
- Based on that, I will talk to the hospital billing office to reduce the bill amounts.
- I will contact your insurer to find out why a bill has not been paid. If necessary, I will file a complaint with the insurer on your behalf.
- I will inform the debt collectors that they cannot harass you anymore.
- I will represent you in court if the debt collectors have already sued you due to unpaid medical bills.
- You are likely to become debt-free in three to four months.
You will start receiving calls from the hospital billing office. After some time, your healthcare provider can send your bills to collections.
The debt collectors can file a lawsuit against you for unpaid medical bills. If they win, the court may order your wage garnishment. So, instead of waiting for these complications, contact us if you have trouble paying medical bills.
The exact time depends on the healthcare provider. Usually, providers wait to sell the debt to collections agencies until it is 90 days past due.
The collection agency can report the debt to credit bureaus, which can hurt your credit score. The debt collectors can make collection calls for repayment. If you don't pay, they can file a lawsuit against you.
But make sure the collection agency follows the FDCPA rules. If they don't, we can help you deal with debt collectors and get relief from incessant collection calls.
Yes, unpaid medical bills can lower your credit score by about 100 points.
Well, the good news is your unpaid medical bills won't show up on your credit report right away. According to the Medical Debt Relief Act of 2021, the three main consumer credit bureaus (Experian, TransUnion, and Equifax) have to provide you with a 1-year waiting period before reporting on your credit report.
During this time, you can dispute any errors or settle debt with medical providers before the collection accounts appear on your credit report.
Yes, you can! But you need to have good negotiation and documentation skills along with a knowledge of debt settlement laws. Also, settling debts with creditors is a time-consuming process. It tests your patience and expertise in crunching numbers.
If you don't have these skills, it's better to get help from us and settle your medical debt fast. We have a team of experienced attorneys who know medical bill laws by heart.
Yes, hiring an attorney is a good idea to resolve your medical bill problems. Here are a few reasons:
- An attorney can talk to the hospital billing office to sort out any disputes.
- Having excellent oratory skills makes the attorneys good at negotiating with creditors and handling medical bill collections like a pro.
- Medical debt attorneys can help to settle judgments, too. They can inform the hospital authority about their clients' financial hardship and help settle judgments for much less than what they owe.
- If you belong to the low-income group, an attorney can help reduce medical bills in various ways and protect you from abuse.
- An attorney can help prepare a strategy for your case if a medical bill lawsuit is filed against you.
The Medical Debt Relief Act of 2021 clearly states that paid-off and settled medical debts that have been fully paid or settled will be removed.
Besides, if you believe the bills are placed on your credit reports by mistake, dispute them at the earliest.
Medical debt typically stays on your credit reports for seven years. That's why if you have unpaid medical bills, it's better to settle them and avoid complications.
No, healthcare providers can't garnish your wages without a valid court order. They have to file a lawsuit against you for non-payment of medical bills and win the case. If you do not to defend yourself and the hospital obtains a judgment, they can garnish your wages.
Well, it depends on the statute of limitations in your state. In most states, the statute of limitations on medical debt range from about three to six years. If your debt has passed the statute of limitations, you will no longer owe money, and it can't be collected.
According to the Price Transparency Act, hospitals must disclose the amount of medical costs before opting for their services. So, you can get a brief idea about the medical care costs in advance and avoid medical debt. Also, make sure to check what your insurance policy covers and what it does not.
Last Updated on: Tue, 28 Sep 2021