New York State To Freeze Some Student, Medical Debt Payments
Gov. Andrew Cuomo’s office has announced the temporary halt of collection of medical and student debt owed to New York State for a minimum of 30 days in response to the spread of the novel coronavirus. The suspension of payments will run through April 15th at which point needs will be reassessed and an extension is possible.
The Office of the Attorney General will also accept applications for suspension of all other types of debt owed to New York. There are currently 165,000 residents that fit the criteria for debt suspension.
- Patients that owe medical debt due to the five state hospitals and the five state veterans’ home;
- Students that owe student debt due to State University of New York campuses; and
- Individual debtors, sole-proprietors, small business owners, and certain homeowners that owe debt relating to oil spill cleanup and removal costs, property damage, and breach of contract, as well as other fees owed to state agencies.
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