If you have a medical debt that you believe may not be accurate, you have the right to dispute the claim. The easiest time for you to resolve the issue is when you first receive a bill from the medical provider. However, you may still be able to correct the problem even if the debt has gone to collections.
March 2016 Archives
The Oregon housing market is currently booming, but some people are still feeling the effects of the recent recession. Many struggling families are currently facing foreclosure. When this occurs, they usually walk away from the property they are no longer able to afford and expect the bank to move forward with selling the home as they usually state they will do. However, this is not always the case, and homeowners are the ones paying the price.
Medical debt is one of the largest financial issues that Oregon residents face. According the U.S. Centers for Disease Control and Prevention, one quarter of families are burdened by their medical debts. Additionally, 16 percent of families have difficulty paying at least one medical bill and another 10 percent are unable to pay their medical bills at all. These types of debts can have long-term consequences for the financial health of those who are unable to pay them, causing many people years of stress and negative marks on their credit scores. When a person’s credit score is marked down due to unpaid medical bills, it can have further implications for finding and keeping a job, getting approved for housing or getting the resources to pay for transportation.
Just like in other states, Oregon lawmakers have set up specific requirements that must apply to filers before they can be granted any relief by the courts. These rules and procedures are in place to ensure that fraud remains low and that the courts are not overburdened by people needlessly filing for bankruptcy when other remedies may suit their situations more fully. At The Law Office of Kim Covington, our staff recommend that our clients learn these requirements before they decide whether or not to pursue filing their bankruptcy.