Reply
Frequent Contributor
Posts: 280
Registered: ‎07-09-2012
0

I am ecstatic!!!

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!!!




June '12: EQ 553 TU 0 EX 545
April '13 Lender Pull EQ 731, EX 692, TU 722 - all FICO

Closed on home May 22, 2013 at 2:00pm!!!
CU Visa $1000, VS $350, Chase Freedom $1000, Discover IT $2500, Home Depot: $2700, Menards $3000, NFM $3500
What's been deleted: 32 collections, 5 PR, 2 tax liens, defaulted student loans
New Contributor
Posts: 54
Registered: ‎12-31-2009
0

Re: I am ecstatic!!!

Thats Fantastic! Congradulations, what a relief.  :smileyvery-happy:

Established Contributor
Posts: 584
Registered: ‎07-20-2008
0

Re: I am ecstatic!!!

CONGRATULATIONS!!!!!  I had about $15k in debt forgiven, I cried for MONTHS lol.  Just relax and breathe if you can now.  :smileyhappy:

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!! :smileyhappy: 

2014 Starting-618, current TU621 (TU 10/20) / Ending Goal score: 720 / 30 Positive TLs / 1 Negative: Unpaid $312 med CA placed 2010 / reported Install Bal/Lim: 25027/36512 | reported Revolving Bal/Lim: 11169/27232=41%util

**IN the garden until I get some auto CLI's on major accts**
Frequent Contributor
Posts: 362
Registered: ‎02-09-2011
0

Re: I am ecstatic!!!

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!

Starting Score: EQ 607 TU 693
Current Score: EX myFICO 750 - EQ myFICO 795 - TU08 (via Discover) 745 - TU myFICO 745
Goal Score: 800+ across the board!
Frequent Contributor
Posts: 260
Registered: ‎06-23-2011
0

Re: I am ecstatic!!!

I got tears in my eyes reading this too! 

Congrats on the debt forgiveness.

And many blessings to your health!


Starting Score:4/5/11 TU 660 fico, EQ 634 fico, EX 647 (Credit Inform)
Current Score:07/04/12 Myfico TU 690 Walmart fico 702, EQ 660 fico 07/05/12, EX fico 689 06/03/2012 (Amex)
Goal Score: 750+


Established Contributor
Posts: 608
Registered: ‎10-25-2011
0

Re: I am ecstatic!!!

Hell I started feeling a little emotional after reading this too. But I'm at work and I'm a guy. Must hold it in!

I'm a personal banker and do a lot of auto loans serving the Houston area.
I suggest first time car buyers to read the sticky guide in the auto loan section.
I try to check these forums often, but if I missed your post, please feel free to message me with a link to it.
Regular Contributor
Posts: 205
Registered: ‎06-04-2012
0

Re: I am ecstatic!!!

Congrats Kathy! Lovehearing success stories like this ... Even if they make me cry.

Starting FICO 667 (5/2012) EQ
672 (7/2012) EQ. 681 (8/1/12) EQ
Current FICO 682 (10/13/12) EQ; 718 (10/13/12) TU
Goal: 760+ but 700-720 by jan 2013
No new apps tll jul 2013
Valued Contributor
Posts: 1,206
Registered: ‎02-19-2012
0

Re: I am ecstatic!!!

God works in mysterious ways. Very happy for you.:smileyvery-happy:


Starting Score: 0
Current Score: TR??FICOEQ ?? FICO
Goal Score: 760

Lowes7,000 Discover More 2800. Jcpenny 6,000
Chase freedom 800 Never take NO for an answer!!
Frequent Contributor
Posts: 280
Registered: ‎07-09-2012
0

Re: I am ecstatic!!!

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.




June '12: EQ 553 TU 0 EX 545
April '13 Lender Pull EQ 731, EX 692, TU 722 - all FICO

Closed on home May 22, 2013 at 2:00pm!!!
CU Visa $1000, VS $350, Chase Freedom $1000, Discover IT $2500, Home Depot: $2700, Menards $3000, NFM $3500
What's been deleted: 32 collections, 5 PR, 2 tax liens, defaulted student loans
Regular Contributor
Posts: 105
Registered: ‎10-31-2010
0

Re: I am ecstatic!!!

Woman  - you gotta STOP!  You are gonna have everybody leaking!  :smileyhappy:  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.

Get a myFICO recommended credit card

Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.