No, as long as you have contacted the hospital and they are aware that you are paying a monthly amount and have agreed to accept that amount, they can not send you to collections. Most hospitals also have financial hardship programs and charity options. You should contact them to see if you qualify. I work for University Of Maryland and do ER billing. If you have a debt and the collecting party has proof of this debt, they have the option of selling your debt to a collection agency unless otherwise agreed upon through some legal channel.
Personally speaking, it is better to settle with a collection agency rather than making monthly payments. Theres only one ceveat....you must pay the collection agency in full. Example, lets say you owe $1000 to a credit card company. A collection agency will say, pay $600 NOW and this will settle the balance. So, if you dont have $600, its a 'catch-22'. You are better off making the monthly payments until the $1000 is paid.
How much down and what are your monthly payments
It means that you have to make monthly payments on your house.
Yes, we accept monthly payments for our services/products.
The difference in frequency between monthly and semi-annual CD coupon payments is that monthly payments occur once a month, while semi-annual payments occur twice a year.
Yes, if you default the monthly payments.
no you can not
Because they don't. It is a lot of agency's policies.
a popular misconception among people is that as long as i pay them a little every month they cannot sue me but that's incorrect. its up to the hospital if they want to accept your payment plan.
yes. first claim poverty to the collections agent, and get in touch with billing at the hospital. most of the time they can write off a good portion of your bill if you really cant afford to pay
Personally speaking, it is better to settle with a collection agency rather than making monthly payments. Theres only one ceveat....you must pay the collection agency in full. Example, lets say you owe $1000 to a credit card company. A collection agency will say, pay $600 NOW and this will settle the balance. So, if you dont have $600, its a 'catch-22'. You are better off making the monthly payments until the $1000 is paid.
How much down and what are your monthly payments
It means that you have to make monthly payments on your house.
Yes, we accept monthly payments for our services/products.
If the debt was properly assigned by the original creditor, yes. If you are making payments to the Original creditor than ask them to pull it back from there Collection agency, then dispute with the CRA's and when they update it should delete
The difference in frequency between monthly and semi-annual CD coupon payments is that monthly payments occur once a month, while semi-annual payments occur twice a year.
The total amount of monthly credit card payments is the sum of all the payments made towards credit card bills in a month.