Bureau of Medical Economics

Who is Bureau of Medical Economics?

Bureau of Medical Economics (BME) is a debt collection agency located in Phoenix, Arizona. Its primary focus is on medical debt collection, serving the needs of healthcare providers who require assistance in collecting unpaid bills.

If you ever encounter ‘bureau of med economics’ or ‘bur med econ’ on your credit report, it implies that you may have an outstanding bill linked to medical services, which has been forwarded to BME for collection.

Who does Bureau of Medical Economics collect for?

BME is devoted to serving the healthcare sector, primarily collecting consumer debts on behalf of healthcare providers. They work with a range of providers, from private practices to large hospital systems, to manage outstanding debts.

Is Bureau of Medical Economics legit or a scam?

Bureau of Medical Economics is a legitimate debt collection company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.

How can I remove Bureau of Medical Economics from my credit report?

Bureau of Medical Economics collections can hurt your credit score and remain on your credit report for up to seven years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(While debt collectors may not want this information to be widely known, it’s your right to be informed.)

Professional credit repair services work with people who want to get their credit back on track.

In addition to collections, they can help you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Get started on the path to better credit today: Fill out the form for a free credit consultation.

Bureau of Medical Economics (BME) Contact Information

Address:

Bureau of Medical Economics
326 E Coronado Rd Ste 205
Phoenix, AZ 85004

Mailing address:

Bureau of Medical Economics
PO Box 20247
Phoenix, AZ 85036-0247

Phone number: (800) 439-8561 or (602) 252-3469

Should I contact or pay Bureau of Medical Economics?

Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Sometimes, credit reports contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock. As a result, it could harm your credit rather than improve it.

The most effective way to deal with Bureau of Medical Economics is to work with a credit repair professional. They help remove millions of negative items every year from companies like Bureau of Medical Economics on behalf of their clients.

Will Bureau of Medical Economics sue me or garnish my wages?

The actions of the Bureau of Medical Economics or any other debt collection agency will depend on the specifics of your case, local laws, and their own internal policies. Generally, a debt collector could potentially sue for unpaid debts.

If they win the lawsuit and a judgement is made in their favor, wage garnishment might be possible depending on the jurisdiction. However, not all agencies or creditors will choose to go this route, as legal action can be costly and time-consuming.

Bureau of Medical Economics Complaints

Most collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If a debt collector is harassing you, you may want to consider filing a complaint.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.

Your Rights When Dealing with Bureau of Medical Economics

Debt collectors must abide by state and federal laws in the United States. For example, the FDCPA prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, it provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:

• It is a violation of federal law for Bureau of Medical Economics to report inaccurate or incomplete information about you.
• You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
• Bureau of Medical Economics may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
• Bureau of Medical Economics must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
• Bureau of Medical Economics cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Bureau of Medical Economics From Your Credit Report Today!

Credit Saint can assist you in disputing Bureau of Medical Economics collection accounts. With years of experience at their disposal, these professionals have a proven track record of effectively removing incorrect entries for countless clients.

If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.

They have helped many people in your situation. Fill out the form on their website or give them a call at (855) 281-1510 for a free credit consultation to see what they can do for you.