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Medical Debt

Strike Debt Takes on Student Loans! (It Must Be Occupy's Birthday Again)

Jerry Ashton | Posted 09.08.2014 | New York
Jerry Ashton

After having raised over $700,000 in "People Bailing Out People" funds and then using a majority of these dollars to purchase -- and abolish -- upwards of $15,000,000 in personal medical debt, Occupy Wall Street's Strike Debt is now stalking a more formidable quarry -- student debt.

Is America Now a Debtor Nation?

Curtis Arnold | Posted 09.04.2014 | Money
Curtis Arnold

Have a few blemishes on your credit report? You're not alone. According to a recent study from the Urban Institute, over one-third of Americans had debt in collections in 2013.

4 Ways A Large Medical Bill Could Sabotage Your Retirement (And What To Do About It)

Napala Pratini | Posted 08.12.2014 | Fifty
Napala Pratini

Whether you plan on spending your golden years sprawled out on a beach chair, pursuing a passion, or spending all your time with those who are closest to you, you'll need to be financially prepared. Part of having a robust game plan is being aware of the various expenses -- such as large medical bills -- that could damage your retirement.

Outrageously Expensive Medical Bills Are Unfairly Hurting Your Credit

The Huffington Post | Hunter Stuart | Posted 05.22.2014 | Business

People who owe medical debts are over-penalized when it comes to their credit scores, according to a new study from the U.S. Consumer Financial Protec...

The In-Betweeners of a Broken System

Ashley Schmidtbauer | Posted 06.15.2014 | Politics
Ashley Schmidtbauer

You want to know how the working poor really live? My husband works an average of 50 hours per week just so we can barely make it paycheck to paycheck. We are the in-betweeners. Not making enough to live "comfortably" -- but not "poor" enough to get any assistance either.

Occupy's Rolling Jubilee Keeps Rolling -- and the Band Plays On

Jerry Ashton | Posted 02.03.2014 | New York
Jerry Ashton

Occupy Wall Street's "Strike Debt" (SD) working group and its "Rolling Jubilee" (RJ) operation is partying like the music will never end. And, if the...

Reflecting on Rescuing Stranded Starfish and Abolishing Medical Debt

Jerry Ashton | Posted 01.23.2014 | New York
Jerry Ashton

What was it like to open up a letter announcing that the burden of a large medical debt had been taken away? "I was dumbfounded," replies Terrance Lavalle, referring to a letter he received in November from Occupy Wall Street's working group, "The Rolling Jubilee."

Finding My Niche, Post Cancer

Kate Sievers | Posted 07.28.2013 | Healthy Living
Kate Sievers

I was diagnosed with Hodgkin's Lymphoma, stage 2A with bulky mediastonal disease, when I was 22. Most people know that cancer is expensive, but I didn't think that most people understood what that meant for a twenty-something.

A Cynical Search for Loopholes

Wendell Potter | Posted 07.28.2013 | Politics
Wendell Potter

There is an age-old tradition in this country: if you don't like a law and can't get rid of it, look for a loophole. That's what some companies that don't want to comply with an important Obamacare requirement have done, and it appears they've hit pay dirt.

State Passes Bill Making Obamacare A Crime

HuffPost Live | Posted 05.03.2013 | HuffPost Live 321

South Carolina's state House passed a “nullification” bill on Wednesday declaring President Barack Obama’s Affordable Care Act “null and void...

Occupy Abolishes $1,000,000 in Medical Debt. Your Turn, Wall Street & White House?

Jerry Ashton | Posted 05.27.2013 | New York
Jerry Ashton

This week, Occupy's Strike Debt! working group will be mailing out over 1,000 letters to individuals, mostly in Kentucky and Ohio, who collectively owe over $1,000,000 in personal medical debt.

Ending Price-Gouging: Brill's Time Article and the Next Chapter in Health Reform

Diane Archer | Posted 05.04.2013 | Politics
Diane Archer

In his extraordinarily well-documented expose on the medical-industrial complex, Steven Brill explains thoroughly and repeatedly what serious pundits, policy experts and policymakers have failed to see or have feared to say: there is no free market in health care.

5 Tips For Avoiding Medical Debt

U.S. News And World Report | Ben Edwards | Posted 03.03.2013 | Fifty

Medical debt is one of the leading causes of bankruptcy in the United States. Here are a few ways to lower your health care expenses: 1. Find catas...

Why Grandma Owes More on Her Credit Cards Than You Do

Amy Traub | Posted 03.17.2013 | Business
Amy Traub

In fact, Americans age 75 and older are the only group in our survey for which credit card debt actually increased over this time period. Why? The Greatest Generation didn't suddenly become recklessly spendthrift and go wild on eBay.

Medical Bills & Minors: What You Should Know

Credit.com | Posted 02.09.2013 | Health News
Credit.com

By Gerri Detweiler It's bad enough to owe medical debt you can't pay. But what if you're young and being hounded by collectors for medical bills that...

The People's Bailout of The People (VIDEO)

Dennis Trainor | Posted 01.15.2013 | Money
Dennis Trainor

Occupy Wall Street is getting ready to start literally making some debt disappear.

The People's Bailout

David Rees | Posted 01.15.2013 | Money
David Rees

We're in debt, as individuals, because of a lack of services. If Washington lacks the political will to address these issues and kick a little ass, we'll do it ourselves. Our message to Americans is simple: You are not a loan. And you are not alone.

Catherine New

Occupiers' Next Move Is To Bail Out Consumers

HuffingtonPost.com | Catherine New | Posted 11.12.2012 | Money

Occupy Wall Street movement supporters were outraged by the bank bailout. Now they want to start a bailout that people can actually get behind. Dub...

The Medical Debt Crisis Isn't Going Away... Deal With It

Credit.com | Posted 12.19.2012 | Money
Credit.com

As tens of millions of Americans are paying off medical bills over time, the potential for damaged credit is great. Many government agencies are beginning to take notice. Unfortunately, the consumer credit reporting industry is fighting efforts for consumer protection every step of the way.

I Pared My Life Down to Only 100 Items

LearnVest | Posted 12.10.2012 | Women
LearnVest

Because we were working so much (my husband was a service director in the automotive industry), we had this mentality that we deserved to be rewarded. I was constantly spending on clothing and accessories; my husband and I would treat ourselves to dinners out and expensive vacations.

Hey Mitt, Those Emergency Room Bills Just Don't Disappear

Jane Devin | Posted 11.28.2012 | Politics
Jane Devin

It's a fallacy that has become so engrained that its standard line -- get sick, get treated by an ER, get the tab picked up by someone else -- goes nearly undisputed by those on both the right and the left. That's simply not the way it works.

What Happens When You Can't Pay Your Medical Bills

Jason Alderman | Posted 09.26.2012 | Money
Jason Alderman

It's no secret that health care costs have been spiraling out of control for years. To fight back, your best bet is to be a well-informed consumer.

Will Your Children Inherit Your Debt?

Jim T. Miller | Posted 06.11.2012 | Fifty
Jim T. Miller

Dear Savvy Senior What happens to a person's debt after they die? At age 78, I have accumulated quite a bit of credit card and medical debt over the p...

The $83,000 Finger: Insurance May Not Protect You From Large Medical Bills

Credit.com | Posted 06.03.2012 | Money
Credit.com

Think you're covered when it comes to your medical bills because you have good health insurance? Don't be so sure.

How We All Got Stuck Paying the Medical Bills of the Woman Who Sued to Kill Obamacare

Wendell Potter | Posted 05.12.2012 | Politics
Wendell Potter

It is people who have decided not to buy coverage -- but who nevertheless get sick or injured and seek medical care when they do, even if they don't have the money to pay for it -- that make health insurance so expensive for the rest of us.