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Contributor
Posts: 114
Registered: ‎06-06-2012
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Advice Please! MDS collections

hello all.  I am looking for any kind of advice on my current situation.  I currently have 5K in medical collections due to not having insurance and a trip to the ER.  I in no way can afford to pay this type of debt.  Is there anything that can be done to get it deleted or has anyone had success with settling for much less?


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Posts: 13,871
Registered: ‎04-15-2011
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Re: Advice Please! MDS collections

You can always try to settle the debt for a portion of what is owed.  You would need to contact them and ask what you can do.  Maybe even try for a PFD for the accounts after payments have been made.



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Contributor
Posts: 114
Registered: ‎06-06-2012
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Re: Advice Please! MDS collections

any advice on what % I should offer?


Starting Score: CK 519 FICO 498
Current Score: 2/26/13 FICO 590 TU FAKO 639
Goal Score: 650


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Moderator
Posts: 13,871
Registered: ‎04-15-2011
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Re: Advice Please! MDS collections

I'd try 25%.  See if they counter back.



Starting Score: 504




July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Contributor
Posts: 114
Registered: ‎06-06-2012
0

Re: Advice Please! MDS collections

thank you ..i will give it a shot


Starting Score: CK 519 FICO 498
Current Score: 2/26/13 FICO 590 TU FAKO 639
Goal Score: 650


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