Medical Debt Relief Program
CreditAssociates medical debt relief program can help you reduce your medical debt to a fraction of what you owe and get out of debt in as little as 24-36 months.
When Medical Expenses Become Overwhelming
Medical bills never come at an ideal time, which can make them difficult to factor into your monthly budget. What’s worse, being sick or getting injured can force you to take time off work, making it even harder to manage medical debt.
If you’ve started using high-interest loans or credit card cash advances to pay medical bills and stay afloat, it may be time to consider medical debt relief. These borrowed resources might provide temporary financial relief, but you’re essentially paying debt with more debt, which can quickly compound your medical debt problems.
If you’re overwhelmed by medical debt along with credit card debt and life’s other expenses, consider debt relief with CreditAssociates. Our debt consultants will review your medical bills with you and create a personalized plan to help you resolve your debt for less than you owe, with lower monthly payments than you’re currently making.
Our debt specialists will then negotiate with your medical creditors and collection agencies on your behalf to reach settlement agreements that reduce what you owe.
If you’re still sick, injured, or caretaking for a loved one you have enough on your plate. Let CreditAssociates deal with your creditors and debt-collectors while you focus on recovery.
Give us a call today.
How Medical Debt Relief Works
Our medical debt relief process helps you resolve overwhelming medical bills through professional negotiation:
Step 1:
Free
Consultation
We review your medical debt situation and determine if our relief program may be right for you.
Step 2:
Program Enrollment
You’ll make affordable monthly deposits into an FDIC-Insured savings account while we handle creditor communications.
Step 3: Professional Negotiation
Our specialists negotiate with your medical creditors and collection agencies to reduce what you owe.
Step 4: Settlement & Resolution
When agreements are reached, you pay the negotiated amounts and resolve your medical debt.
Do You Qualify for Medical Debt Relief?
Our medical debt relief program may be an option if you have:
- Multiple medical bills from hospitals, doctors, or medical providers
- Medical debt in collections or past due accounts
- Difficulty making payments on medical bills
- Experiencing financial hardship due to medical expenses
- Want an alternative to bankruptcy
Types of Medical Debt We Help With
Medical debt can come from any different sources and situations. Whether you’re dealing with a single large bill from a major procedure or multiple smaller bills that have accumulated over time, our program is designed to help with various types of medical expenses.
We commonly work with clients who have medical debt from:
- Hospital Bills – Inpatient stays, outpatient procedures, emergency room visits
- Doctor and Physical Bills – Specialist visits, consultations, follow-up appointments
- Surgery and Procedure Costs – Surgical bills not fully covered by insurance
- Diagnostic Testing – Lab work, imaging, X-rays, MRIs, CT scans
- Ambulance and Emergency Services
- Dental and Vision Bills
- Mental Health Services
- Medical Equipment and Supplies
Whether your medical debt is with the original provider or has been sent to a collection agency, our debt specialists can work to negotiate settlements on your behalf.
SEE HOW MUCH YOU CAN SAVE
Medical Debt Relief FAQs
Can medical debt be forgiven or settled?
Yes, medical debt can often be settled for less than the full amount owed. Our specialists work with medical providers and collection agencies to negotiate reduced settlement amounts that are more manageable for your budget.
What happens if you don't pay medical bills?
Unpaid medical bills can be sent to collection agencies, which may impact your credit score. Collection agencies may also pursue legal action. Our program helps you address medical debt before these consequences worsen.
Does medical debt settlement hurt your credit?
Your credit may be temporarily impacted during the settlement process, but many clients see improvement once their medical debts are resolved and they’re no longer missing payments or dealing with collection accounts.
How much medical debt qualifies for settlement?
There’s no specific minimum, but our program typically works best for clients with significant medical debt who are experiencing financial hardship and cannot afford to pay the full amounts owed.
Can you settle medical debt that’s already in collections?
Yes, we regularly work with collection agencies that have purchased medical debt from hospitals and healthcare providers. We can negotiate settlements, whether the debt is with the original provider or a collection agency.
How long does medical debt settlement take?
Most clients complete our medical debt relief program in 24-36 months, depending on the amount of debt enrolled and their ability to save funds for settlements.
