(Okay, no one’s ever actually donated lutefisk, for which I’m thankful.) It happens all the time, from donations of dirty socks to half used bottles of shampoo to lutefisk. Dealing with the donation will take more time and energy than the gift provides. We know someone just created a bunch of work for us. When nonprofits receive those donations, we often roll our eyes. I’m sure the donor had good intentions, and they probably received a nice thank-you letter, but honestly, it would have been better if they had thought about their donation a little more before filling out all the forms. For decades, the plots showed up on the company’s balance sheet, never being used and having nothing to do with the agency’s work. I used to work at a housing agency that had to deal with six burial plots.
Sometimes the items we receive are essential to our work, but often we receive donations that cause more problems than they solve. Like many nonprofits, Peace House Community relies on donations of both money and items to offer services to its community. Peace House Community Journal: The Sacredness of Used Clothing If you don’t understand the bill or don’t agree with it - contact the provider. Until then, here are some steps you can take to (maybe) avoid the nightmare: Sadly, we still have a battle to fight before we have an affordable healthcare system. Patients can be denied care from a provider due to unpaid bills. It doesn’t take a lot of imagination to see where that leaves a person. Collections can end up as judgments, which last 10 years and can be renewed! Judgments open a person up to bank account and wage garnishments. Bills over $500 will eventually be reported. Ignoring medical bills never makes them go away. The cruel “But” is, reported or not, the bill still exists. And, even if someone paid that collection immediately, it could still be on their report for 7 years. They are charged higher interest rates, which can mean paying hundreds or thousands of dollars more than before that medical bill hit their credit reports. They have to pay more for car insurance and their phone. It means a person may suddenly no longer qualify for a mortgage or be able to rent. I’ve seen credit scores drop nearly 100 points from a medical collection of less than $25! A 100 point drop is devastating. The announcement came after the Consumer Financial Protection Bureau (CFPB) released findings that medical bills comprise the majority of reported collection accounts, to the tune of $88 billion, keeping credit scores down like a cement block in water. Plus, starting January 2023, only medical bills $500 or more will be reported. The three major credit bureaus also announced that starting July 1, medical bills now have to be a year old (previously 6 months) before they can be reported. The good news is that beginning July 1st, paid medical bills will no longer appear on your credit reports. No, President Biden is not forgiving them. Posted by : the alley Published: July 1st, 2022
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