Normally 30 days after it is sent to a collection agency if you don't ask for validation or 180 days which is considered charged off account.
Yes, if there is a legal contract saying that the money is owed it can be reported to the credit bureau. It is up to them to determine if it falls under American Law.
A debt does not have to be reported to a credit bureau in order for the business to pursue collections, sue or place the account with a collection agency. If a debt is owed, it can be collected by phone calls, letters, personal visits or through the court system.
Yes a judgement can be reported to more than one credit bureau and is usually reported to the three major credit bureaus (equifax, tranunion & experian)
Yes, the debt is still valid and collectible.
While there are many companies that will make claims to "repair" your credit, all they really do is take your money and ask your creditors to "write off" portions of the debt, when they do that, it's reported to the credit bureau, and although the debt is technically paid, you still have a footnote that the creditor wrote off some of the debt. The best way to repair your debt is to just pay your bills. Your credit will "heal" over time as people see that you are now acting responsibly.
Yes, if there is a legal contract saying that the money is owed it can be reported to the credit bureau. It is up to them to determine if it falls under American Law.
A debt does not have to be reported to a credit bureau in order for the business to pursue collections, sue or place the account with a collection agency. If a debt is owed, it can be collected by phone calls, letters, personal visits or through the court system.
Yes a judgement can be reported to more than one credit bureau and is usually reported to the three major credit bureaus (equifax, tranunion & experian)
county
When a debt is forgiven (a forgetadebt as you call it), it will be reported to the credit bureaus. But you will have less debt, which is a positive.
no
If you have a copy of your credit report the creditor's last known phone number and/or address should be listed. If it is not you can contact the credit bureau that it is reported with and they can try to get you that info. Otherwise, dispute it with the credit bureau. If they can't verify the information they will delete it. Good luck.
Yes, the debt is still valid and collectible.
While there are many companies that will make claims to "repair" your credit, all they really do is take your money and ask your creditors to "write off" portions of the debt, when they do that, it's reported to the credit bureau, and although the debt is technically paid, you still have a footnote that the creditor wrote off some of the debt. The best way to repair your debt is to just pay your bills. Your credit will "heal" over time as people see that you are now acting responsibly.
Yes ... the credit bureau only "sees" unpaid debt ... it does not determine who is owed or how the unpaid debt was incurred. You should be writing to the credit bureau's and explain the situation - they may drop the reported unpaid bill, but will not forgive the debt still owed ... that still needs to be paid back to the medical institution as soon as possible, as they are a business and rely upon money (income) to pay their bills and staff.
I would assume through a credit bureau
If you are not a company that reports unpaid debts to the credit bureau's, you can turn the debt over to a collection agency who does report. The other way is to obtain a judgment against them and it will automatically be reported by the courts.