Account Recovery

DECEMBER 7, 2021

Hospitals in Wisconsin filed 37% more collection lawsuits in 2018 than they did in 2001 and obtained garnishments in more than half of their cases, while also disproportionately suing individuals living in low-income neighborhoods and who are African-American, according to the results of a study that was published yesterday in Health Affairs.

Garnishment 235

Garnishment Collections Healthcare 235

Account Recovery

FEBRUARY 18, 2025

A Senate committee in the Indiana state legislature has advanced a medical debt collection bill, Senate Bill 317, which aims to introduce new consumer protections related to medical debt. billion in medical debt in collections. Driving the news: The big picture: Indiana residents currently have an estimated $2.2

Collections 130

Collections Garnishment Healthcare 130

Account Recovery

MAY 3, 2024

The Arizona Court of Appeals this week upheld the state’s controversial Predatory Debt Collection Act, rebuffing an industry challenge led by the Arizona Creditors Bar Association. The decision ensures the law, which includes measures to shield individuals from medical debt garnishments and cap interest rates, remains in effect.

Garnishment 147

Garnishment Collections Creditors Healthcare 147

Account Recovery

SEPTEMBER 25, 2024

California Governor Gavin Newsom yesterday signed a trio of bills that will significantly impact the credit and collection industry in the state. These new laws, set to take effect in 2025, will reshape how medical debt is reported, expand consumer protections, and alter the landscape for commercial debt collection.

Creditworthiness 147

Creditworthiness Collections Fair Debt Collection Garnishment 147

Account Recovery

NOVEMBER 9, 2023

A new law that went into effect last week in Minnesota requires hospitals to check whether patients are eligible for charity care before sending an account to a third-party collection agency, while also placing new requirements when seeking to collect on a medical debt by garnishing wages or bank accounts of individuals.

Garnishment 130

Garnishment Collection Agencies Collections Agency Banks 130

FFGN COLLECT NY

JUNE 3, 2020

With both consumers and small businesses receiving funds from the Paycheck Protection Program (PPP) and CARES Act, questions have come up as to whether these amounts can be frozen or garnished by debt collectors or creditors. Is garnishing PPP or CARES Act funds an option for satisfying outstanding monies owed to judgment creditors?

Garnishment 52

Garnishment Creditors Judgment Judgment Enforcement 52

FFGN COLLECT NY

NOVEMBER 30, 2022

Last week, the state imposed further limitations on the collection of medical debt by way of new legislation. Earlier this year the state slashed the time to collect consumer claims, including medical bills, by half from six years to three years. This includes judgments that were based on consumer debt.

Collections 52

Collections Healthcare Garnishment Judgment 52

FFGN COLLECT NY

JUNE 24, 2022

And, if signed into law by Governor Kathy Hochul, the bill would substantially limit the ability of medical providers to enforce judgments obtained against New York debtors and further limit debt collection of medical judgments in NY. Medical providers would lose this remedy to collect. Lien on Property.

Judgment 52

Judgment Collections Debtor Healthcare 52

Credit Management Company

MAY 17, 2022

According to a 2022 Consumer Financial Protection Bureau report, 58% of all third-party debt collection is made up of medical debt. Maintaining best practices for resolving accounts can lead to a positive and supportive experience for consumers, and effective management of debt accounts for healthcare providers. Make policies public.

Healthcare 52

Healthcare Education Garnishment Collection Agencies 52

National Service Bureau

APRIL 6, 2015

Debt collection companies walk a fine line between business efficiency in their primary function (accounts receivable management), while at the same time needing to respect the fact that the debtor is a valuable client to the business for whom they are running collections. 5: Improper contact or sharing of information. Government.

Collection Companies 40

Collection Companies Collections Collection Agent Collection Agencies 40

Better Credit Blog

AUGUST 31, 2020

Estimates suggest that close to one-third of Americans have debt in collections. Even a single entry from a collections agency can do damage to your credit score for several years. Read on for a quick guide to dealing with the collections agency and getting it deleted from your report. The good news? What Is PMAB LLC?

Debt collector 52

Debt collector Collection Agencies Collections Agency Third-party Debt Collectors 52

Better Credit Blog

SEPTEMBER 8, 2020

Since your payment history constitutes 35% of your credit profile, and the longer a debt goes unpaid the more damage it does, a collections account can be devastating to your score. While they aren’t a household name, they collect for some well-known service providers. Healthcare. collecting on debts that the company buys.

Debt collector 52

Debt collector Collection Agencies Collections Agency Collections 52

Troutman Sanders

JULY 27, 2020

3841, a bill that protects the stimulus funds under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) from being garnished by judgement creditors and debt collectors, similar to how Social Security payments are exempt from being garnished. On July 23, 2020, the Senate unanimously passed S.

Financial services 52

Financial services Student loans Student Loans Garnishment 52

FDCPA Defense

FEBRUARY 3, 2019

Attorneys who regularly engage in collection work for community associations have increasingly become targets for lawsuits filed by professional consumer attorneys under the Fair Debt Collection Practices Act (“FDCPA” or “the Act”), 15 U.S.C. Are You Engaged In “Debt Collection” Under The FDCPA? and analogous state laws.

Foreclosure 40

Foreclosure Debt collector Law Firms Debtor 40

Account Recovery

JANUARY 6, 2025

Patient advocates are urging UCHealth, Colorados largest healthcare provider, to halt its practice of suing patients over unpaid medical bills. Some patients discovered they were being sued only after being served court documents or notified of wage garnishments by their employers.

Third-party Debt Collectors 130

Third-party Debt Collectors Healthcare Garnishment Debt collector 130

Troutman Sanders

AUGUST 3, 2020

On July 29, 2020, Senators Chris Van Hollen and Chris Murphy introduced the COVID-19 Medical Debt Collection Relief Act, S.4350, This bill would prevent healthcare providers from taking “extraordinary” collection actions for up to 18 months after the bill becomes law as a means of protecting consumers during the coronavirus pandemic.

Financial services 52

Financial services Garnishment Debt collector Collections 52

Collection Industry News

JUNE 28, 2021

Senate Democrats are calling on federal authorities to take action on aggressive medical debt collection, citing reports about hospitals suing patients over unpaid bills. In the second quarter of 2018, medical bills comprised more than half of third-party debt collections , the senators wrote. “We Source: site. Chris Murphy (Conn.)

Garnishment 40

Garnishment Collections Healthcare Debt collector 40

Collection Industry News

JANUARY 13, 2025

Advocate Health, one of Americas largest hospital chains, says it is working hard to confront one of the biggest problems in US healthcare today promoting itselfas a leader in the effort to solve the nations medical debt crisis. The health system also added: We recognize that no large organization is perfect or without a need to improve.

Healthcare 40

Healthcare Judgment Government Garnishment 40