4 Options For Bills In Collections.
January 2nd, 2010What can you do when you don’t have health insurance and you can’t pay your medical bills that have been sent to a collections agency?
Well, that’s the question recently fielded by Bankrate.com’s Justin Harelik.
The reader’s mother has been dealing with bills for her open-heart surgery that were sent to collection in 1996! She worked with the collectors to lower the monthly payments to something she could afford on her social security payments, but now the agency is expecting her to pay the full $20,000 outstanding balance. This seems incredibly unfair, since she’s paying them in good faith and they are cashing the checks, but apparently it is perfectly legal for them to do.
Here are the 4 options laid out by Mr. Harelik:
What a year it’s been!