New Federal Agency Promises to Crack Down on Rogue Debt Collectors
By John Clark Traditionally, debt collection agencies, the folks behind the late night calls demanding your late debt payments, have been regulated by a patchwork of state agencies. This loose system...
View ArticleFrustrated Doctor Launches Own Medical Debt Collection Agency
By John Clark A Texas doctor who is fed up with the current medical debt collection system is launching his own agency, which looks to collect medical bills in a more civilized manner, according to a...
View ArticleMedical Debt Epidemic Creates $41 Billion in Unpaid Hospital Bills
By John Clark According to a Forbes report, unpaid medical debt accounted for more than $41 billion in outstanding health care bills in 2011, which likely rivals the amount patients owed last year, as...
View ArticleRising Number of Doctors With Debt Filing for Personal Bankruptcy
By John Clark More doctors are filing for personal bankruptcy, revealing the unsettling truth that patients are not the only victims of medical debt, according to a recent report from CNN. Sources say...
View ArticleStudy Says 41 Percent of Americans Struggle to Pay Medical Debt
By John Clark During the last 12 months, 41 percent of adults between the ages of 19 and 64 had trouble paying medical debt, or were paying off debt over a long period of time, according to a report...
View ArticleConsumer Watchdogs Warn Students to Beware of Debt Relief Scams
By John Clark This week, the National Consumer Law Center warned students to keep an eye out for private debt relief firms offering “free” aid, according to a report from NBC News. Sources say many...
View ArticleStudy Reveals American Consumer Debt is Rising at a Rapid Rate
By John Clark American consumers are starting to take on new debt at a surprisingly fast pace, according to a report this week from the Washington Post. Sources say consumer debt jumped by $19.6...
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