Settling medical debt advice?

jordanmedical · ‎06-30-2012

There was a period of a few months where I didn't have health insurance last year. Got financial help from the hospital and only had to pay them 100 or so. Now I have bills from the PA that are in collection, 2 already reported. The amounts are 825, 613 and 613. There is no way I can afford to pay these in full so I'm looking to settle them. Need a little advice on how low you can settle medical debt and set up payments or something. I want to do this to prevent them from reporting the 3rd one.

-Rebuilding with CapOne Cash: $1.5k, NFCU cashRewards $8.5K, NavCheck $5K, Wal-Mart: $1.1K, Sam's: $1.2K, Amazon: $1.9K, Apple Barclay: $3K, Haverty's: $1.5K, GE capital: $5K, Sears: $250(AU), PP MC:$1.5K, CareCredit:$3K (closed 1st home 05/08/13)

Starting Score: 492-TU04, 480-EX FICO V2, 467-EQ Beacon 5 (Via Mortgage PreQual March '12)
Current Score: EX,EQ,TU (lender pull): 652, 659, 689, Walmart TU FICO: 691 (05/13)
Goal Score: 700
Take the FICO Fitness Challenge

RobertEG · ‎07-01-2012

Call the creditor and attempt to negotiate a plan acceptable to each.

jordanmedical · ‎07-01-2012

The OC said they only accept payment in full and forward all payments to ca

-Rebuilding with CapOne Cash: $1.5k, NFCU cashRewards $8.5K, NavCheck $5K, Wal-Mart: $1.1K, Sam's: $1.2K, Amazon: $1.9K, Apple Barclay: $3K, Haverty's: $1.5K, GE capital: $5K, Sears: $250(AU), PP MC:$1.5K, CareCredit:$3K (closed 1st home 05/08/13)

Starting Score: 492-TU04, 480-EX FICO V2, 467-EQ Beacon 5 (Via Mortgage PreQual March '12)
Current Score: EX,EQ,TU (lender pull): 652, 659, 689, Walmart TU FICO: 691 (05/13)
Goal Score: 700
Take the FICO Fitness Challenge