Check your sates SOL on certain debts, if it is SOL for legal recourse, than some people do choose to walk away, just because you can't be sued and it will be dropping off of your reports doesn't mean they won't stop collection efforts unless you send a C&D letter which i would do especially if it met the criteria I described.
Medical debt does affect your overall credit score. However, when buying a house or car, most of the time medical debt is not factored into the equation.
There are limits for medical debt would be a written agreement. In Washington they have set the limitation at 6 years.
The definition of the term "medical debt" is debt that has been incurred due to health care and procedure costs. You can learn more about Medical debt at the Wikipedia.
Yes, she will be held responsible. The primary insurance holder is always responsible for the medical costs under
If the debt is contractually valid, and you are not disputing the debt, it will be based on the initial contract, and the Statuate of Limitations (SOL). Each state may vary on the SOL. In addition, some Medical Providers (original creditor:e.g., hospital, physician, etc) and individual States, have specific guidelines on the collection of medical debt. Reporting on credit history may be for 7 years, again based on the Medical Provider, and the state's guidelines.
Medical bills are almost always a written agreement. In Texas the limit is set at four years.
If a person is placed under arrest then said person is under the arresting states care and any and all medical debt while under the states care will be paid by the housing state ...
The difference between an unliquidated debt and a liquidated debt is this: Liquidated Debt: A debt that has an exact monetary value. Unliquidated Debt: A debt that is undisputed as to its amount, but still under the liability of the debtor. Each one of these debts has a statute of limitations to it. I believe they stand at 3 years for liquidated debt, and 6 years for unliquidated debt. These numbers are for Colorado and can change from state to state based on their rulings.
A medical bill is usually based ona written agreement. In Indiana they have set the limitation at ten years.
A medical bill would be a written agreement. In California they have set the limitation at 4 years.
A medical bill is a written agreement. In Tennessee the limit is set at six years. That begins from the last acknowledgement of the debt.
Medical bills are normally classified as a written agreement. In Washington that means the limit will be six years from the last acknowledgement of the debt.