Creditors and Bankruptcy/Old hospital bills

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Expert: David - 2/23/2009


Question
I have two unpaid hospital bills one is almost $18,000 and it's been in collections for about 7 years,i can't afford to pay it off!
What can i do will the hospital write if off or reduce it after all this time?

Answer
Before you negotiate a payoff research what the statute of limitations on collection in your state.  You may be close to passing it.

Otherwise, yes they will likely settle for a substantial discount for payoff or arrange a monthly payment.

If you have a low credit score from these and other negative items on your credit reports let me know if you'd like help removing them.  It will greatly increase your score.

David McArthur
219-718-8566  

Creditors and Bankruptcy

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David

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