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Medical bills from various sources—credit cards, lenders, family, friends, or collection agencies—can quickly become overwhelming. But there's a potential solution: medical debt consolidation.
Undue Medical Debt, formerly RIP Medical Debt, [1] is a Long Island City–based 501(c)(3) charity [2] focused on the elimination of personal medical debt. [3] Founded in 2014 by former debt collection executives Jerry Ashton and Craig Antico, [4] the charity purchases portfolios of income-qualifying medical debt from debt collectors and healthcare providers, and then relieves the debt. [5]
Common forms include debt settlement, debt management, debt consolidation and bankruptcy. To decide which debt relief option is best, evaluate how each will impact your credit score and long-term ...
Debt relief options. Debt relief is available to borrowers who have exhausted all other options before bankruptcy. Although each method will differ, they all have the same end goal, which is to ...
After that report, the three largest credit reporting companies agreed to remove several forms of debt from credit reports: paid medical debts, unpaid medical debts less than a year old and ...
Declaring bankruptcy isn't your only option. Read on to explore a few other choices that may provide better outcomes for your financial situation. Before You File for Bankruptcy, Consider These 3 ...
There are multiple relief options to choose from, including consolidation, settlement, bankruptcy and even debt forgiveness. Debt relief can be done by yourself or with the help of an outside agency .
If you owe medical bills, the provider can sell your debt to debt collectors, which means debt collectors could contact you and even take legal action to recover unpaid bills. Most health ...
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