5 ms·
> Those things are obviously unfortunate, but relatively rare Not rare at all, 1 in 5 Americans is being pursued by collection agencies for being unable to pay
by clumsysmurf 8y ago
> Those things are obviously unfortunate, but relatively rare
Not rare at all, 1 in 5 Americans is being pursued by collection agencies for being unable to pay medical bills.
- icedchai 8y agoThat's good news. Since they're not paying their bills, they actually have more money to invest instead. ;) You know what they say about lies and statistics... In all seriousness, even if this dubious statistic is true, most of those are not due to terminal or debilitating illnesses. "Unable to pay medical bills" can be for a variety of reasons, ranging from the obvious (not having the money), to confusion, to billing errors or insurance problems.
- ceejayoz 8y agoIn the US, it needn't be terminal nor debilitating to bankrupt you.
- ams6110 8y agoBankruptcy is not the end of the world. It's an inconvenience for a few years.
- lazyasciiart 8y agoIt's certainly the end of the "hey I have so much money I don't even need to work" feeling of financial independence, though.
- goodpass 8y agoI can tell you’ve never been bankrupt.
- philsnow 8y agowow, do you have a citation for that ?