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Posted in Paying Your Bills
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Question By
rightyho

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paying doctor off
my doctor will settle for $3916.00 however it was turned into a collection agency I spoke to the agency and they want $7641.18 to clear the balance i have been paying them $50.00 monthly but if i pay the doctor off what action will the agency take ? also if i pay a smaller amount monthly do they have to accept the smaller amount. thanks

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If you have the money to pay the doctor in full then you would get the doctor to pull the account back from collections in exchange for your payment in full. Don't expect the doctor to pull the account back unless you pay in FULL. As to whether you can pay the collection company less each month, it depends on the collection company and what they will agree to. They may take it to court and let a judge decide what you can afford if the debt is within the Statute of Limitations to be sued for it. If it is outside of the Statute of Limitations to be sued for, then they cannot do nothing. Check the SOL for your state to be sued for debt.

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