Relian Debt Relief offers a program that is in some cases the cheapest and fastest way for consumers with medical bills to reduce their debt while avoiding the harsh implications of a bankruptcy filing. It's possible to be able to dramatically reduce your monthly payments, lower your medical debt, and become debt free. On top of this, our program offers the convenience of one monthly payment, as well as resources for potentially reducing some of those hospital bill collection calls.

What medical bill help options are available?

1. Bankruptcy – A Harvard University study found that over 50% of bankruptcy filings were triggered by costly illnesses, which shows that unfortunately, bankruptcy is an all too common cause and solution to overwhelming medical debt. Even though filing bankruptcy on medical bills is common, it may not be acceptable to any future lenders or potential employers that do credit checks, and since bankruptcy stays on your credit for between 7 and 10 years, there’s no way of escaping it anytime soon either. Moreover, even with medical debt, the bankruptcy court may force debtors to liquidate “non-exempt” assets like a home or vehicle with a lot of equity in order to pay back the at least a portion of the debt depending on your state. Worse yet, since the bankruptcy reform laws in 2005, more and more consumers are being forced into Chapter 13 “payment plan” bankruptcy, which means you suffer the similar devastating credit consequences and YOU HAVE TO PAY BACK AT LEAST PART OF THE DEBT ANYWAY.

2. Medical debt consolidation using your home equity – Fortunately, lenders use different techniques to underwrite their loans because since medical bills are such an unexpected expense and almost impossible to plan for it in advance (unless you have insurance), most consumers lack the income necessary to pay it back with a home equity loan. Even if they did, it very rarely makes any sense to apply for a medical bill consolidation loan for a few reasons: 1) you’re paying back the medical debt with interest, which most medical bills don’t charge anyway; 2) the monthly payment can be higher than what even the hospitals are asking for; and last but not least, especially in light of point #2, 3) you’re putting your home at risk unnecessarily. (This is why most consumers with overwhelming medical bills opt for bankruptcy).

3. Medical debt negotiation, settlement, and reduction – If more consumers were aware of our service, far fewer consumers would be choosing bankruptcy as their choice for medical bill relief. When medical debt negotiation and settlement is successful, a consumer can potentially lower the amount they owe and the time frame for becoming debt free. Our debt reduction service offers the same convenience of a debt consolidation loan, while potentially saving you more money without risking your most important asset---your home.