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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]
In a 2022 study, the bureau found that roughly 20% of U.S. households report that they have medical debt, with collections appearing on 43 million credit reports. How to get relief from ...
Medical debt forgiveness. Unexpected medical expenses can accumulate quickly, leading to overwhelming debt. Fortunately, there are processes to help with this type of debt through medical debt ...
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To date, Undue Medical has worked to remove 14 billion dollars of medical debt. Helping nearly 9 million people in the process. Hand washing problems found during Knoxville restaurant inspection
Scott first gave Undue Medical Debt a $50 million donation in 2020, followed by a $30 million donation in 2022. With that money, the group has relieved nearly $15 billion in debt for more than 9 million people, CEO Allison Sesso said. That’s a significant leap from the $1 billion in debt relieved from 2014 to 2019, she noted.
These documents will help the lender, debt relief company or credit counseling agency understand your full financial picture and determine your eligibility for debt relief, as well as your options ...