Judge Strikes Biden Medical Debt Reporting Rule

Damocles

Damocles

Accedo!
Staff member

(The Hill) — A federal judge in Texas has reversed a Biden-era rule that permitted medical debt to be wiped from credit reports, according to court documents.

U.S. District Judge Sean Jordan, a 2019 appointee of President Donald Trump, said the rule by the previous administration exceeds the authority of the Consumer Financial Protection Bureau. The CFPB, an independent agency, finalized the rule in January as former President Joe Biden was set to leave the White House.


The Biden administration estimated that the action would remove nearly $50 billion of medical debt from the credit reports of roughly 15 million Americans.

More at link...
 
Damocles said:

(The Hill) — A federal judge in Texas has reversed a Biden-era rule that permitted medical debt to be wiped from credit reports, according to court documents.

U.S. District Judge Sean Jordan, a 2019 appointee of President Donald Trump, said the rule by the previous administration exceeds the authority of the Consumer Financial Protection Bureau. The CFPB, an independent agency, finalized the rule in January as former President Joe Biden was set to leave the White House.


The Biden administration estimated that the action would remove nearly $50 billion of medical debt from the credit reports of roughly 15 million Americans.

More at link...
Click to expand...
This is very unfortunate.
 
Damocles said:

(The Hill) — A federal judge in Texas has reversed a Biden-era rule that permitted medical debt to be wiped from credit reports, according to court documents.

U.S. District Judge Sean Jordan, a 2019 appointee of President Donald Trump, said the rule by the previous administration exceeds the authority of the Consumer Financial Protection Bureau. The CFPB, an independent agency, finalized the rule in January as former President Joe Biden was set to leave the White House.


The Biden administration estimated that the action would remove nearly $50 billion of medical debt from the credit reports of roughly 15 million Americans.

More at link...
Click to expand...
According to the Supreme Court and RWers on JPP, this ruling by the judge is illegal since a judge in Texas can't make a ruling that applies nationwide.
 
Damocles said:

(The Hill) — A federal judge in Texas has reversed a Biden-era rule that permitted medical debt to be wiped from credit reports, according to court documents.

U.S. District Judge Sean Jordan, a 2019 appointee of President Donald Trump, said the rule by the previous administration exceeds the authority of the Consumer Financial Protection Bureau. The CFPB, an independent agency, finalized the rule in January as former President Joe Biden was set to leave the White House.


The Biden administration estimated that the action would remove nearly $50 billion of medical debt from the credit reports of roughly 15 million Americans.

More at link...
Click to expand...
This is a harmful ruling, but there are other very easy ways to keep medical bills off any credit report.
 
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