Seeing Balanced Healthcare Receivables, LLC on your credit report can be frustrating—especially if you weren’t expecting it. Here’s what to know and how to handle it.
Who Is Balanced Healthcare Receivables, LLC?
Balanced Healthcare Receivables, also known as BHR, is a third-party debt collection agency based in Nashua, New Hampshire. Their job is to help businesses recover unpaid debts, mostly in the medical field.
If BHR shows up on your credit report as a collection account, it usually means there’s an unpaid medical bill tied to your name.
Who Does Balanced Healthcare Receivables Collect For?
Balanced Healthcare Receivables works with healthcare providers like hospitals, clinics, and doctors’ offices. They collect overdue medical bills on behalf of these companies.
Is Balanced Healthcare Receivables a Real Company or a Scam?
Balanced Healthcare Receivables is a legitimate debt collection agency. They are legally allowed to collect debts for their clients. That said, mistakes happen. Always double-check that any debt they claim you owe is accurate before making payments or agreeing to anything.
How to Remove Balanced Healthcare Receivables From Your Credit Report
Collection accounts can damage your credit score for up to seven years, so taking action is key. Here are your options:
- Dispute Errors: If you believe the account is incorrect or outdated, file a dispute with the credit bureaus. They are required to investigate.
- Request Debt Validation: You can ask BHR to prove the debt is yours and the amount is accurate. They have 30 days to respond.
- Negotiate a Pay-for-Delete: Sometimes, collectors will agree to remove the account from your credit report if you pay the balance or settle for less. Get any agreement in writing.
- Work With a Credit Repair Company: Many people hire professionals to help challenge negative items and clean up their credit report.
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Should You Contact or Pay Balanced Healthcare Receivables?
Before reaching out, make sure the debt is legitimate and reported correctly. Credit reports often contain mistakes, and some debts may be too old to impact your credit or lead to legal action.
Also, paying or acknowledging a debt can restart the clock on how long it stays on your credit report, depending on your state’s laws. If you’re unsure how to proceed, speaking with a credit repair expert can help you avoid missteps.
Can Balanced Healthcare Receivables Sue You or Garnish Your Wages?
Yes, they can sue you to collect unpaid debts. If they win in court, they could garnish your wages, freeze your bank account, or take other actions allowed by your state.
However, many collectors prefer to settle or set up payment plans instead of going to court, which can be costly and time-consuming for both sides.
Complaints About Balanced Healthcare Receivables
Like most collection agencies, Balanced Healthcare Receivables has complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB).
Most complaints are related to:
- Incorrect reporting on credit reports
- Failure to verify debts
- Harassment or repeated calls
If you’re experiencing harassment or believe your rights have been violated, you can file a complaint with the CFPB or your state attorney general’s office.
Your Rights When Dealing With Balanced Healthcare Receivables
Debt collectors must follow strict state and federal laws. The Fair Debt Collection Practices Act (FDCPA) protects you from unfair treatment. Here’s what Balanced Healthcare Receivables cannot do:
- Report false or incomplete information
- Ignore a request to validate the debt within 30 days
- Threaten, harass, or use abusive language
- Mislead you about who they are or their purpose
- Threaten arrest or jail time over unpaid debts
If they break these rules, you may have grounds to take legal action.
Balanced Healthcare Receivables, LLC Contact Information
- Address: 164 Burke St, Suite 201, Nashua, NH 03060
- Phone: (866) 460-2471
Remove Balanced Healthcare Receivables From Your Credit Report Today
If you’re overwhelmed by collection accounts or not sure how to handle BHR, getting help from a trusted credit repair company can make the process easier.
Credit Saint has over 15 years of experience helping people dispute inaccurate items and improve their credit. They even offer a 90-day money-back guarantee for added peace of mind.
Visit their website or call (855) 281-1510 to learn more.
Brooke Banks is a personal finance writer specializing in credit, debt, and smart money management. She helps readers understand their rights, build better credit, and make confident financial decisions with clear, practical advice.
