Since the start of 2023, Nevada has written off more than $106 million in “bad debt,” meaning state officials have deemed it impossible or impractical to collect, according to a Nevada Independent ...

If you’ve been around closely held businesses long enough, you know that a transfer of money between a business and its owner, or between two related businesses, is sometimes characterized by the ...

Patients with some form of insurance coverage accounted for 53% of the estimated $17.4 billion that hospitals, health systems and medical practices wrote off as bad debts in 2023, according to data ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

Medical debt has become one of the most disruptive financial issues Americans face today. Even with health insurance, high deductibles and surprise billing can leave households owing thousands of ...