Hello, yes i have opt out.
I have an old medical bill for $15k that is 5 years old, I believe that this is roughly 1 year away from the Statute of limitations for the state I live in(i have never agreed the debt is mine, nor agreed to payment arrangements), I live in, and the debt is in Wisconsin. I have not heard from the Hospital or collection agency for about 3 years, but I am starting to get a little anxious about a potential judgment(I have not been contacted at all, and there are no pending civil cases against me, its just a feeling). I do not have that much money sitting around collecting dust so my options are rather limited financially. Should I try to wait it out? Or should I try to offer a settlement of a certain %. My fear with offering a settlement is that I will pop up on there radar and they might pursue a judgment against me which would be financially devastating to me.
Thanks for any advice.
Full Version: Need some advice on Old Medical bills
QUOTE (sjeremy77 @ Jun 22 2009, 05:53 PM) 
Hello, yes i have opt out.
I have an old medical bill for $15k that is 5 years old, I believe that this is roughly 1 year away from the Statute of limitations for the state I live in Most medical has a 4 years SOL(i have never agreed the debt is mine, nor agreed to payment arrangements), I live in, and the debt is in Wisconsin. I have not heard from the Hospital or collection agency for about 3 years, but I am starting to get a little anxious about a potential judgment(I have not been contacted at all, and there are no pending civil cases against me, its just a feeling). I do not have that much money sitting around collecting dust so my options are rather limited financially. Should I try to wait it out? Or should I try to offer a settlement of a certain %. My fear with offering a settlement is that I will pop up on there radar and they might pursue a judgment against me which would be financially devastating to me.
Thanks for any advice.
I have an old medical bill for $15k that is 5 years old, I believe that this is roughly 1 year away from the Statute of limitations for the state I live in Most medical has a 4 years SOL(i have never agreed the debt is mine, nor agreed to payment arrangements), I live in, and the debt is in Wisconsin. I have not heard from the Hospital or collection agency for about 3 years, but I am starting to get a little anxious about a potential judgment(I have not been contacted at all, and there are no pending civil cases against me, its just a feeling). I do not have that much money sitting around collecting dust so my options are rather limited financially. Should I try to wait it out? Or should I try to offer a settlement of a certain %. My fear with offering a settlement is that I will pop up on there radar and they might pursue a judgment against me which would be financially devastating to me.
Thanks for any advice.
This has probably been written off a long time ago, but since it is for a large amount your concern with a potential is justified. Is there a CA currently reporting on your CR?
QUOTE (bonbonXO @ Jun 23 2009, 02:05 PM)
QUOTE (sjeremy77 @ Jun 22 2009, 05:53 PM)
Hello, yes i have opt out.
I have an old medical bill for $15k that is 5 years old, I believe that this is roughly 1 year away from the Statute of limitations for the state I live in Most medical has a 4 years SOL(i have never agreed the debt is mine, nor agreed to payment arrangements), I live in, and the debt is in Wisconsin. I have not heard from the Hospital or collection agency for about 3 years, but I am starting to get a little anxious about a potential judgment(I have not been contacted at all, and there are no pending civil cases against me, its just a feeling). I do not have that much money sitting around collecting dust so my options are rather limited financially. Should I try to wait it out? Or should I try to offer a settlement of a certain %. My fear with offering a settlement is that I will pop up on there radar and they might pursue a judgment against me which would be financially devastating to me.
Thanks for any advice.
I have an old medical bill for $15k that is 5 years old, I believe that this is roughly 1 year away from the Statute of limitations for the state I live in Most medical has a 4 years SOL(i have never agreed the debt is mine, nor agreed to payment arrangements), I live in, and the debt is in Wisconsin. I have not heard from the Hospital or collection agency for about 3 years, but I am starting to get a little anxious about a potential judgment(I have not been contacted at all, and there are no pending civil cases against me, its just a feeling). I do not have that much money sitting around collecting dust so my options are rather limited financially. Should I try to wait it out? Or should I try to offer a settlement of a certain %. My fear with offering a settlement is that I will pop up on there radar and they might pursue a judgment against me which would be financially devastating to me.
Thanks for any advice.
This has probably been written off a long time ago, but since it is for a large amount your concern with a potential is justified. Is there a CA currently reporting on your CR?
QUOTE (bonbonXO @ Jun 23 2009, 02:05 PM)
QUOTE (sjeremy77 @ Jun 22 2009, 05:53 PM)
Hello, yes i have opt out.
I have an old medical bill for $15k that is 5 years old, I believe that this is roughly 1 year away from the Statute of limitations for the state I live in Most medical has a 4 years SOL(i have never agreed the debt is mine, nor agreed to payment arrangements), I live in, and the debt is in Wisconsin. I have not heard from the Hospital or collection agency for about 3 years, but I am starting to get a little anxious about a potential judgment(I have not been contacted at all, and there are no pending civil cases against me, its just a feeling). I do not have that much money sitting around collecting dust so my options are rather limited financially. Should I try to wait it out? Or should I try to offer a settlement of a certain %. My fear with offering a settlement is that I will pop up on there radar and they might pursue a judgment against me which would be financially devastating to me.
Thanks for any advice.
I have an old medical bill for $15k that is 5 years old, I believe that this is roughly 1 year away from the Statute of limitations for the state I live in Most medical has a 4 years SOL(i have never agreed the debt is mine, nor agreed to payment arrangements), I live in, and the debt is in Wisconsin. I have not heard from the Hospital or collection agency for about 3 years, but I am starting to get a little anxious about a potential judgment(I have not been contacted at all, and there are no pending civil cases against me, its just a feeling). I do not have that much money sitting around collecting dust so my options are rather limited financially. Should I try to wait it out? Or should I try to offer a settlement of a certain %. My fear with offering a settlement is that I will pop up on there radar and they might pursue a judgment against me which would be financially devastating to me.
Thanks for any advice.
This has probably been written off a long time ago, but since it is for a large amount your concern with a potential is justified. Is there a CA currently reporting on your CR?
Yes theres a CA reporting on my TU CR. They last reported on it Jan of 2009. That is were my "feeling" came from.
Wait for Why Chat-I don't want to give you advice that may not be right-
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