Creditopics.com

Even if your credit cards are maxed out and you have a huge mortgage to pay off, you can still get rid of all your debt in about five to seven years - and begin rapid wealth-building - without sacrificing the things that matter most to you!

3 Responses

1. Matt Says:
   December 19th, 2008 at 12:37 am 1

   It goes to a collections agency. Whenever debt isn’t paid and no matter what kind of entity it is that owes money, be it an individual person, a small business, or a hospital – unpaid accounts will go to collections.

   The collection agency will contact the hospital and request payment and it’ll go from there.

2. bdancer222 Says:
   December 20th, 2008 at 4:28 am 2

   This would be commercial debt, and not handled in the same manner as consumer debt.

   It depends on the creditors policies. Some companies have in-house collections and never use outside collection agencies. Large companies even have in-house attorneys and could bring suit to collect.

   Other companies might hire collection agencies. Commercial debt isn’t charged off and sold to collection agencies as much as consumer debt.

   Also, it is likely that things like medical equipment, vehicles, and even furniture would be repo’d if they weren’t paid for.

3. Jennifer Says:
   December 22nd, 2008 at 11:19 pm 3

   Hi,
   I used “Credit Solution” to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:

Leave a Answer