medical debt

Report States ACA Helped Bring Down Personal Bankruptcy Filings

A new analysis by Consumer Reports shows that the Affordable Care Act (ACA), also known as Obamacare, was among the likely factors that helped with a big decrease – nearly 50 percent – in personal bankruptcy filings in the last six years. Other factors such as new bankruptcy laws, a rebounding economy and tighter credit requirements, also likely helped reduce personal bankruptcy filings, which dropped from 1.54 million in 2010 to 770,846 in 2016, the analysis states. There [...]

By |2019-07-24T06:58:02+00:00June 15th, 2017|Categories: Bankruptcy|Tags: , , , |Comments Off on Report States ACA Helped Bring Down Personal Bankruptcy Filings

More Arizonans Are Complaining about Medical Debt Collectors

A new report shows that Arizonans have filed 439 complaints with the Consumer Financial Protection Bureau (CFPB) about medical debt collectors since the bureau started tracking such complaints in 2013. This is apparently the 11th highest rate of complaints in the nation, according to a Cronkite News report. The report issued by the U.S. Public Interest Research Group Education Fund said the almost 18,000 medical debt-collection complaints submitted to the CFPB made it the leading complaint to the [...]

By |2017-06-08T04:22:39+00:00June 8th, 2017|Categories: Bankruptcy|Tags: , , , , |Comments Off on More Arizonans Are Complaining about Medical Debt Collectors