Law & Legal Issues
Medical Billing and Coding

If you are judgment-proof and have a collection agency trying to recover 1500 in medical bills what is the percentage of likelihood that they would sue to recover?

232425

Top Answer
User Avatar
Wiki User
2011-09-12 21:44:06
2011-09-12 21:44:06

Judgment proof is when you are so poor you have nothing worth going after legally. In other words, the cost of sueing you isn't worth it, or having a judgment against you, because they won a law suit against you, the cost of finding your money or property isn't worth it, or the money and property aren't enough to make it worth it. If you have a pay check then it can be garnished, if you have property it can be sold by the sherrif. But , generally if you don't have expensive property they won't bother. Unless, someone is so aggressive that they don't mind losing money in legal fees to get revenge against you legally. They also have to convince a sheriff to take the considerable time to enforce the judgment. If he doesn't think it's worth it, it will be hard to get him to act.

It is difficult to hide real worth and it is a felony crime if you hide it from a person who has a judgment against you if they haul you in to court to ask specific questions about your worth and you lie about it. The lying is also a crime, purjury. I am not a lawyer this is not the final answer on the question. It is only a sort of accurate layman's understanding.

1
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions

User Avatar

is there a time limit on the collection of medical bills in INdiana

User Avatar

Daniel T. Richards has written: 'Collection development and assessment in health sciences libraries' -- subject(s): Libraries, Medical, Collection development, Library Collection Development, Medical libraries

User Avatar

A blister is a circumscribed collection of clear fluid. In medical terms, a small blister is a vesicle, and a large blister is a bulla.

User Avatar

This depends on the collection agency, but the age of the account, the location of the debt (that regulate collection laws by the state), play a big role. The older the account the higher the percentage that goes to the collection agency the percentage is negotiated between the agency and the client(this is a fact, part of a previous job).ive seen between 10% and some as high as 40%. which if you have a bill from an agency, it really isn't any f your business how much they get, you should be worried abour negotiations.

User Avatar

If you owe it, it is better to pay it

User Avatar

The hematocrit is the medical term meaning the percentage of formed elements in the blood.

User Avatar

An abscess is a localized collection of pus. A pustule is a visibule circumscribed collection of pus below the epidermis.

User Avatar

percentporphyria cutanea tardapercentagepercentage

User Avatar

unpaid collection on medical bills can possibly be reported on bureau, but payment history is not reported.

User Avatar

Yes, unfortunately a collection agency can charge interest and other fees when they obtain a debt.

User Avatar

Only after receiving a judgement.

User Avatar

Yes, unpaid medical bills will be reported to credit bureaus not to mention the collection agency that the medical facility will pursue.

User Avatar

A hemangioma is the medical term meaning tumor of blood vessels.

User Avatar

A collection of blood under the dura is a subdural hematoma.Subdural hematomaSubdural hematoma is the medical term meaning accumulation of blood in the space beneath the dura.

User Avatar

Hydrocelectomy is the medical term meaning surgical removal of a hydrocele.

User Avatar

If the bill was late enough to be sent to a collection agency, the collection of that bill has been turned over to that collection agency as well.

User Avatar

syndrome.SYNDROME means Group of symptoms

User Avatar

tHE CLOSING PERCENTAGE OF DMC LAST YEAR 76%

User Avatar

No they can't it's against the law. However the original creditor is allowed to add collection fees as long as the underlying contract allows for it. For example medical intake forms often allow for interest and collection fees.

User Avatar

Yes, the debt is a legal "thing" and can be sold on to other organizations for collection.

User Avatar

Some creditor services that First Recovery Solutions collection agency offers include Medical Debt Collection, Third Party Debt Collection and NSF Check Collection. You can learn more at the First Recovery Solutions website.


Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.