When you’re already having trouble making ends meet because of an unexpected medical crisis, it’s frustrating to get more bills in the mail. This is especially true if you have no clue who is sending you money or where the money is coming from.
That’s why it’s crucial that you double-check every one of your medical bills to ensure its accuracy. If you feel the bills are excessive or have been paid but are still being sent to you, you may want to validate those charges before considering bankruptcy or debt consolidation because medical billing errors may happen.
These days, bankruptcy is just part of doing business. Bankruptcy no longer carries the same negative connotation and is not something that only financially irresponsible people do. Seek Help from a bankruptcy attorney if you have any concerns about your financial situation or queries about this issue.
Medical billing is a subject that must be explained to you.
Validation with the hospital or medical office is required prior to requesting a debt validation letter from a creditor.
- Get all your bills together first. The next step is to schedule a meeting with the company’s chief financial officer to discuss the matter in depth. When going through the statement with them, it’s a good idea to separate any payments that have already been made from the total so you can confirm which payments have been made even if the account is still displaying as unpaid.
- Checking your account line by line and requesting itemization might help you find errors like duplicate billing or costs that haven’t been sent to your insurance provider yet, among other things. Hundreds, maybe thousands of dollars, may be avoided.
- If you need to communicate with debt collectors, a debt validation letter will do the trick. In accordance with the law, they must provide you with evidence of your debtor status, a copy of the agreement you signed, the total amount you owe, the name and address of the original creditor, and a means to contact them. In case you have any doubts about the legitimacy of the debt or need to clarify details with the original creditor, having this information at your disposal will be invaluable.
Even if you follow all of these steps, you may still end up with more debt than is comfortable or desirable. If that’s the case, your options will include bankruptcy, debt negotiation, and consolidation.