08-09-2012 08:24 AM
After three years of cancer treatments I have been left with nearly $75,000 in medical bills AFTER insurance. I couldn't even make the minimum payment on each account as there were so many of them. I decided to attack one at a time. I called and offered to pay for deletion (negotiating anywhere from 50% to 80% for deletion I have paid off a little over $10,000). So far all of the collections agencies have been wonderful except for one. They were complete A$$es. They were rude, threatening etc. They were successful in getting a judgment against me for $50,000!!!!
I wanted to settle and worked out a loan with the bank so I could settle at around 30%. They still wouldn't talk - why should they, they have the judgement already. Anyways, I went to the hospital and took all my papers, tax returns, pay check stubs etc and told them I didn't know what to do with the collection agency that they turned my bills over to them. The garnishment would last well past my natural life. The hospital listened. Last night I got home from work and in my mail box was a statement saying I had a zero balance. WHAT??? I called them at 8:03 this morning and it is true!!! They forgave right at $38,000 in medical bills!!! WOW!!!
I next called the collection agency that holds the garnisment. This time they were as nice as can be and said they were notified not to collect on the $38,000. The remaining $11,000 is from a different hospital!!! I do owe right at $1000 in attorney fees that I will gladly pay in exchange for the $38,000 being forgiven.
I also called a few other billing offices that have medical bills with that have been turned over to collections. I had another $10,000 forgiven with those phone calls. All in all, I am down to under $15,000 left.
I can't stop crying. I felt so silly talking to the lady at the radiology clinic when she said "All your bills are forgiven. You can stop making payments." I couldn't stop crying and than she started crying and saying I made her day. This is better than any Christmas I have ever had!!!
08-09-2012 12:31 PM
CONGRATULATIONS!!!!! I had about $15k in debt forgiven, I cried for MONTHS lol. Just relax and breathe if you can now.
I've learned that, at least with medical bills, it NEVER hurts to call and try and get a hardship reduction. None of us ever plan to accumulate medical debt and depending on your current financial situation, you may be a prime candidate for one!!
08-11-2012 07:56 AM
I just read this, and I couldn't help but cry some tears of joy for you myself :-)
This is wonderful, and I'm so glad it happened for you!
08-11-2012 08:38 AM
I got tears in my eyes reading this too!
Congrats on the debt forgiveness.
And many blessings to your health!
08-11-2012 11:26 AM
Congrats Kathy! Lovehearing success stories like this ... Even if they make me cry.
08-11-2012 01:41 PM
08-11-2012 02:47 PM
Ahhh, thanks guys and gals. I do indeed feel blessed but the story goes on....
I went into the other hospital that holds the remaining balance on the judgment and told her my situation again. She listened than said "I think we can help you like hte other hospital did." The two hospitals are owned by the same non profit group but in different cities. I didn't call and make an appointment either. I went in person and talked to patient accounts billing. I told her I wanted to work out a settlement so I could take out a loan with my bank and get the garnishment to stop. She said she would be in contact with me within three weeks. I will keep you posted. If I can get this one taken care of I will be down to $3058 until I am debt free (all medical bills). I started at $75,000 and 28 collection accounts (again all medical) on my credit reprot. I think I have 14 collections still on but numerous should fall off since I have been PFD on all but the judgment.
On the note about God working in mysterious ways. Two weeks ago in church I got an urge to tithe at the moment I was writing my check. I knew I couldn't afford it as I have been putting every extra dime into my medical bills. But I said a prayer and trusted God and the whole thing about Him taking care of you when you need it and wrote the check and dropped it in the collection plate. The next Sunday came around and I wrote the normal check (not tithing) and remember thinking to myself - well it didn't work out so well last week (I was down to under $10 in my checking account and 3 days until payday with no gas in the car and I didn't want to use my VISA that I got to help build my credit score). Lesson learned. Regardless of what I owe I will be tithing tomorrow and every Sunday. I also plan to volunteer and somehow make contributions to the hospital once the rest of my medical bills are gone.
08-11-2012 03:09 PM
Woman - you gotta STOP! You are gonna have everybody leaking! That is wonderful! Thanks for sharing. It made my day. Faith will take you a long way! I am so glad you survived the ugly c-word to have to fix all this stuff. Celebrate life and enjoy! Best wishes on your future.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.