Workers’ Wages Continue to Be Garnished to Pay Off Medical Debt
This aggressive collection practice is widespread even in a state considered to have strong consumer protections.| Articles – Truthout
This aggressive collection practice is widespread even in a state considered to have strong consumer protections.| Articles – Truthout
In Montana, legislation to shield a portion of debtors’ assets from garnishment easily passed a committee. Supporters hoped the measure would be particularly helpful to Native American patients, who are disproportionately burdened by medical debt. But it later died on the House floor. The post A bill to shield patients from medical debt failed this year in Montana appeared first on Montana Free Press.| Montana Free Press
Discover the top reasons people file for bankruptcy. Based on thousands of counseling sessions, this guide breaks down the truth behind financial hardship.| Money Fit
Understand how to deal with medical debt after a death, estate, and spouse responsibilities, and steps to safeguard those that may be affected.| Money Fit
The Consumer Financial Protection Bureau finalized a rule banning medical debt from being included on Americans' credit reports.| Yahoo Finance
In response to widespread concerns about the impact of medical debt, the Consumer Financial Protection Bureau (CFPB) proposed a rule in June 2024 aimed at limiting the influence of medical debt on credit reports and preventing certain debt collection practices. Despite recent changes by credit agenc| CHIRblog
People with medical debt are more likely to have other forms of financial distress than other people including loans, overdrawn accounts, and few savings.| Peterson-KFF Health System Tracker
Although most adults are in good health and have health insurance, more than 1 in 4 adults (28%) reported delaying or foregoing healthcare due to cost.| Peterson-KFF Health System Tracker
