The Consumer Financial Protection Bureau said Friday it has ordered medical debt collector Commonwealth Financial Systems of Dickson City, Pa., to cease operations and pay a $95,000 penalty for ...

The Consumer Financial Protection Bureau (CFPB) has ordered medical debt collection agency Commonwealth Financial Systems to cease operations and pay a $95,000 fine for illegally trying to collect ...

The good news is, though, that unlike criminal cases, debt collection lawsuits are civil matters, and most medical debt lawsuits won't make it to trial because both parties benefit from reaching an ...

David Deeds is in financial trouble, and he's hoping a federal court in Texas can help get him out of it. Deeds, who is 62 and owes tens of thousands of dollars in medical debt from cancer treatment, ...

January 2, 2024 - A routine practice in health care practices is the assignment of a patient's rights to benefits ("AOB") under a health plan to the patient's provider. Often, medical providers do not ...

LabCorp said approximately 7.7 million consumers are affected by a breach at third-party collections firm American Medical Collection Agency. In a filing with the U.S. Securities and Exchange ...

When Cheryl Montgomery awoke in the hospital after a medical emergency, the last thing on her mind was the billing headache that would follow. Even with robust health insurance, Montgomery still owed ...

When you receive a medical bill, that dollar amount you're charged doesn't have to necessarily be the final say. Believe it or not, you can actually negotiate your medical bills—even once they're in ...

In a landmark move, New York has passed legislation prohibiting the inclusion of medical debt on consumer reports. New York’s newly minted Fair Medical Debt Reporting Act provides a bulwark for ...

Fishers-based medical debt collection agency Phoenix Financial Services LLC has closed, putting 94 people out of work at a business that only a few years ago was among central Indiana’s ...

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