Debt Free Colorado

JANUARY 20, 2024

It is crucial to understand the intricacies of bankruptcy and medical debt relief in Broomfield, CO, for a stable financial future. In this article, we will discuss the complexities of erasing medical debt through bankruptcy. Some options are negotiating with creditors, structured payment plans, and debt consolidation.

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Collection Industry News

APRIL 24, 2025

Prohibits credit reporting agencies from including medical debt on credit reports sent to creditors if the creditor is prohibited from considering it. Bars lenders from using medical devices like wheelchairs and prosthetic limbs as collateral for loans or from repossessing them if someone cant repay the loan.

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Collection Industry News

JUNE 10, 2024

If you still haven’t paid the bill after several months, the debt may be sold to a medical collections agency, which will try to collect on it. How long does medical debt stay on your credit? Medical debt is not reported to credit bureaus as long as it remains with your healthcare provider.

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