Millions of Americans face crushing medical debt every day. Its the leading cause of bankruptcy in the country and nearly one in four Hoosiers currently faces the heartache and stress of medical debt now in collections.
FOX59 News been digging in to this important story for several months, meeting with families all over Central Indiana facing the burden of medical debt, and uncovering the complicated system under which medical debt can be sold to collection agencies.
The debt is often sold multiple times and for pennies on the dollar, but the balance owed can grow at 12% interest. Under that scenario the debt almost doubles in just six years, which forces some people into extreme hardship.
Thats why FOX59 News is teaming up wi…
Read the full article at: https://fox59.com/2018/10/25/suffering-from-medical-debt-help-may-be-in-your-mailbox-from-fox-59/