Paying off a derogatory medical charge
Date: Thu, 01/31/2008 - 10:50
Well if the bill is in collections and you pay the settlement of
Well if the bill is in collections and you pay the settlement offer. This will stay on your credit report (not forever but for 7 years) but after you pay it will say that it has been settled for less or something like that. Just because you pay it doesn't mean that it comes off your report. You could always send a DV letter to the CA. But I am thinking that after 4 years of not paying the OC will want you to deal with the CA.
[quote=Guest]I have had now for 4 years a medical debt that is n
[quote=Guest]I have had now for 4 years a medical debt that is now derogatory. I have a settlement offer from a collections agency for 60% off of the total balance. Ive read many horror stories about people paying off the debt, but it still shows on the credit report. What is the best way to handle this collection? Directly with the original debtor or with the new collection agency? I cannot seem to find information on the original company.[/quote]
Two things to say here........
One, get it in writing before you send them one thin dime! Cover your own ass first.
Two, what do you mean, "cannot seem to find information on the original company"? Can't find an address, or don't know if it's legitimately your debt? If the latter, a DV letter would be in order.
collections in court trying for judgement
hi I am going through court dates with a collection trying to get judgement. They did because I did not answer interregatories correct. I overturned it. I have 2 weeks to respond correctly. I receive diability they cant attach. what else can I do to try to stop this judgement. I ask for proof, and other advice would be appreciated. I know they are trrying very hard to get this but I dont have income to pay.
thanks for any suggestions or help with this matter. gg
Your disability cannot be attached. You may wish to have bank st
Your disability cannot be attached. You may wish to have bank statements on hand to show your only deposits being disability (if that is your sole source of income) that may exempt your bank account from attachment. If you have no assets then there may not be much for them to really collect. A couple of questions I have for you.
1. What type of debt is this?
2. What state do you live in?
3. When was the last time a payment was made?
