Medical Debt

Your Medical Debt Was Sold to a Collection Agency: What That Means and What Changed

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Medical Debt Sold To Collection Agency

When a hospital sells your debt, they transfer full legal ownership to a debt buyer for a tiny fraction of the original balance. Debt buyers typically pay between 3 and 7 cents on the dollar for medical accounts, which is why they have so much room to negotiate. Once sold, your account is fully covered … Read more

The 2AM Collector Call: And What It Changed About How I Think About Medical Debt

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The 2am Collector Call

Debt collectors frequently use high-pressure tactics, like calling at unexpected hours, to create a false sense of emergency and force immediate payments. Under federal law, phone calls from collectors before 8:00 a.m. or after 9:00 p.m. in your local time zone are illegal and can be documented as violations. Fear costs patients money. By requesting … Read more