Medical Debt Relief Programs: Which Type Is Right for Your Situation

Medical Debt Relief Programs

The term “medical debt relief” is used interchangeably by hospitals offering free charity care and commercial companies charging fees for debt settlement. Knowing the difference is critical. Always apply for hospital forgiveness programs before you consider paying a third party to negotiate your balances. Commercial debt settlement is a valid tool, but it is generally … Read more

Can Medical Debt Be Forgiven? Yes: Here’s Who Qualifies and How

Can Medical Debt Be Forgiven

Yes, medical debt can be completely forgiven, but it depends on who holds the account, your income, and your geographic location. Nonprofit hospitals are required by federal law to offer financial assistance, which can forgive 100% of the bill for families making up to $96,000 a year. Unlike credit card debt, forgiven medical debt is … Read more