Crushed by Medical Bills? Sell Your Home, Pay Off Your Debt, and Stay as a Renter.
Medical debt is the #1 cause of personal bankruptcy in America. Sell2Rent's sale-leaseback program lets you convert your home equity into a lump-sum cash payment, clear what you owe, and stay in your home as a renter, no credit check, no moving out, no new loans.
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Eligibility note: You must have more than 30% of your house paid off for us to be able to work with you.
The Situation in the U.S. Right Now
The medical debt crisis is real, and most homeowners still have options.
You are not alone. Medical bills are the leading cause of personal bankruptcy in the United States, and millions of homeowners are watching years of financial progress unravel because of a single hospitalization, diagnosis, or emergency. There is a way out, without losing your home.
Sources: KFF Health System Tracker 2025; Roosevelt Institute Medical Debt Report; Johns Hopkins Bloomberg School of Public Health / PMC 2025–2026; Law Offices of Robert M. Geller, P.A. 2025
Know Where You Stand
The Medical Debt Timeline: What Happens at Each Stage and What You Can Do
Medical debt doesn't disappear on its own; it escalates. Most homeowners have more time to act than they realize, but that window closes fast once collectors and courts get involved.
Typically: 0 – 90 days after treatment
Hospital bills, specialist charges, and lab fees have arrived. No collection agency is involved yet. At this stage, providers are often willing to negotiate significant reductions and offer financial assistance programs, but you have to ask. This is your widest window.
Request an itemized bill and dispute any errors. Up to 80% of medical bills contain mistakes.
Ask the hospital directly about charity care, hardship programs, or a discounted lump-sum settlement.
Request a free Sell2Rent offer. At this stage, your home equity gives you maximum negotiating power. Cash in hand lets you settle accounts at a discount before they go to collections.
Typically: 90 – 180 days after non-payment
The unpaid balance has been sold to or assigned to a debt collection agency. Calls, letters, and collection notices begin. Your credit score takes a significant hit. A collection account appears on your credit report and can remain for up to 7 years.
Request debt validation in writing under FDCPA protections; collectors must prove the debt is valid.
Stop harassment immediately: send a written cease-communication request once the debt is validated.
Cash from a sale-leaseback can pay off collection accounts in full, often at a negotiated discount of 40–60% of the original balance, before any lawsuit is filed.
Get your free offer now and see exactly how much equity you have available.
Typically: 6 – 18 months after non-payment (varies by state)
A creditor or debt buyer has filed a lawsuit in civil court. If you ignore the summons, the court enters a default judgment against you automatically. A judgment gives creditors the legal right to garnish wages, freeze bank accounts, and file liens on real property, including your home.
Do not ignore the lawsuit. Respond in writing to the court before the response deadline (typically 20–30 days).
Consult a debt defense attorney immediately. Many lawsuits contain procedural errors that can invalidate the claim.
A sale-leaseback closing can produce the cash to satisfy the debt and halt the lawsuit before a judgment is entered. Call (800) 954-6373 today.
After a judgment is obtained; timeline varies
A judgment lien has been recorded against your property. You cannot sell or refinance your home without first satisfying the lien. In some states, creditors can seek a forced sale of property to collect. This is the most urgent stage, but you still have a path forward.
A sale-leaseback pays off all judgment liens at closing as part of title clearance. You receive your remaining equity in cash.
You sign a lease at closing and continue living in your home exactly as you do today, as a renter with full legal protections.
Call (800) 954-6373 today. We will fast-track your case and give you a clear, honest picture of what is possible.
What Happens If You Wait Too Long?
The medical debt clock doesn't stop. Here's what the escalation typically looks like.
0–90 Days
Bills Unpaid
Hospital may apply interest and late fees. Credit score unaffected. Negotiation still easy. This is the easiest stage to act.
Most options open. Act now for the best outcome.90–180 Days
Sent to Collections
Debt collectors begin contacting you. Credit score drops 50–100 points. Collection account on your report for 7 years.
Manageable, but move quickly. Pressure is building.6–18 Months
Lawsuit & Judgment
Creditor files suit. If unanswered, wages garnished, accounts frozen, property liens possible. Every day matters.
Critical. Contact us today, not tomorrow.Find Out Where You Stand
What Stage Is Your Medical Debt In?
Select the option that best describes your situation. We'll show you what options are still available to you and what to do next.
Medical Debt Situation Checker, For general guidance only. Call us for a personal conversation about your specific situation.
Choose one of the options on the left to see your recommended next steps.
Most options available
Bills Are Still With the Provider: Act Now for the Best Terms
You haven't entered the collections cycle yet. Providers still negotiate. Your home equity lets you pay everything off cleanly before collectors and courts get involved.
- Request an itemized bill and dispute errors. Up to 80% of bills contain mistakes.
- Ask about charity care or hardship programs before paying anything.
- Request your free offer. Maximum flexibility and time at this stage.
Move within the next 30 days
Collections Have Started: Cash Gives You Leverage
Accounts can still be settled for 40–60 cents on the dollar, but leverage shrinks every day. Converting equity to cash lets you pay off accounts and potentially negotiate pay-for-delete agreements.
- Request written debt validation before making any payment.
- Don't ignore notices. They accelerate the path to a lawsuit.
- Request an offer today. Most closings take 30–45 days, time you still have.
Respond immediately — explore every option
Lawsuit Filed: Don't Ignore the Summons
You have typically 20–30 days before a default judgment is automatically entered. A sale-leaseback closing can produce cash to satisfy the debt before that happens. Act on both fronts simultaneously.
- File a written court response before your deadline. Do not miss it.
- Consult a debt defense attorney immediately (many offer free consults).
- Submit your property details now so we can assess your timeline today.
Call us today, not tomorrow
Judgment Entered: Your Home Equity Can Still Clear It
A lien doesn't mean you've lost your home. A sale-leaseback pays off all recorded liens through title clearance at closing. You receive your remaining equity in cash and sign a lease to stay. We'll give you an honest picture of exactly what's possible.
- If equity exceeds lien amounts, a sale-leaseback is still very viable.
- Talk to a debt attorney about negotiating lien amounts before closing.
- We fast-track urgent cases. Call now for a same-day assessment.
You sell your home at fair market value
To a vetted investor in our nationwide network, no lowball offers, no distressed-sale discount.
You receive your equity as cash
Use it to pay off medical bills, collections, judgment liens, any debt you choose, completely on your terms.
You sign a lease and stay home
You remain in your home as a renter with full legal protections. No packing, no moving, no disruption.
Mortgage eliminated. Debt cleared. Life continues.
Your housing payment may even go down; you're paying rent instead of a mortgage.
Understanding Sale-Leaseback
What is a residential sale-leaseback?
A residential sale-leaseback is a transaction where you sell your home to a vetted investor at fair market value and immediately sign a lease to remain in it as a renter. The cash from the sale is yours to use, including to pay off any outstanding medical debt, collection accounts, or judgment liens.
Unlike a HELOC or second mortgage, which adds debt on top of your existing obligations, a sale-leaseback eliminates your mortgage entirely and delivers a lump sum you control completely. There's no credit check, no new loan, and no court filing required.
Most Sell2Rent transactions close in 30 to 45 days. You choose your lease term at closing, from a short-term transition lease to a multi-year agreement, and continue living in your home exactly as you do today. Learn how our sale-leaseback works →
Simple 3-Step Process
How it works
Most homeowners complete the Sell2Rent process in 30 to 45 days. No credit check. No repairs. No public listing. Just a clear path to financial relief, on your terms.
Request Your Free Offer
Share basic details about your property and your situation using the form above. We work with homeowners in all 50 states. No credit check required, we evaluate your home's value and equity, not your credit score.
Takes 5 minutes · See if your home qualifies
Review and Choose Your Best Offer
Your home is presented to our nationwide network of vetted investors. You receive multiple offers and choose the one that works best for you, including your preferred lease rate, lease term, and closing timeline.
You pick the offer that fits · No obligation to accept
Close, Get Paid, and Stay Home
At closing, you receive your equity in cash. Your mortgage is paid off. Any recorded liens are cleared through title. You sign a lease and continue living in your home. Use your cash to pay off every medical bill you owe.
Most close in under 45 days · Zero new debt created
What Happens After You Contact Us
A Sell2Rent advisor calls you within one business day to review your situation and confirm your home qualifies.
We assess your home's current market value and calculate your available equity, including what remains after clearing any outstanding debt or liens.
We present your property to our investor network and return competitive offers within 24–48 hours.
You choose your offer, set your lease terms, and we handle the rest, title, escrow, and closing coordination included.
You close, receive your cash, and stay in your home. Use it to pay off every medical bill and start fresh.
Compare Your Options
How does a sale-leaseback compare to your other medical debt options?
A clear look at the most common paths homeowners facing medical debt consider, so you can make the choice that's right for your family, your finances, and your home.
| Feature | Sell2Rent Sell & Stay | Chapter 7 Bankruptcy | Debt Settlement | HELOC / 2nd Mortgage | Hospital Payment Plan |
|---|---|---|---|---|---|
| You stay in your home | ✓ Yes | Maybe | ✓ Yes | ✓ Yes | ✓ Yes |
| Lump-sum cash to pay off debt | ✓ Yes | ✗ No | ✗ No | ✓ Yes | ✗ No |
| No credit check required | ✓ Yes | N/A | ✓ Yes | ✗ Good credit needed | ✓ Yes |
| Credit score protected | ✓ No impact | ✗ −200 pts, 10 yrs | Partial | Requires good credit | Minimal if honored |
| Stops collection harassment | ✓ Yes | ✓ Auto stay | During negotiations | Only if used to pay | Sometimes |
| Creates new debt | ✓ No | ✓ No | ✓ No | ✗ Yes, new loan | ✓ No (restructured) |
| Mortgage eliminated | ✓ Yes | Maybe | ✗ No | ✗ No | ✗ No |
| Speed to resolution | 30–45 days | 3–6 months | 12–48 months | 2–6 weeks for approval | Immediate to set up |
| Legal complexity | Low | Very High, court required | Medium | Low | None |
A sale-leaseback is the only path that provides fair-market cash, stops collections, eliminates your mortgage, and lets you stay in your home, with zero credit damage and no court involvement. See frequently asked questions →