6 Years 11 mo. ago I had a major medical emergency. I had no insurance and was left with 28,000 of medical bills. Since that time I have been paying creditors $400 a month sometimes living paycheck to paycheck. I am now down to $4,265.32 of debt. All but three unpaid items remain on my credit report, which I am still making monthly payments to. My question is if I stop paying on these bills which will be removed next month due to the 7 year reporting limit, can they restart the clock and begin reporting them again if I stop making monthly payments.
To those of you that would scorn me and say I should pay my bills please don't reply. I was denyed assistance to help pay my bills because I didn't apply for food, housing or money assistance. I have always worked, I don't have kids and I am of the wrong race.
I would really like to buy a house and finaly put the past behind me. I would appreciate any sincere advice.
Thank you.
2007-06-05
12:53:51
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5 answers
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asked by
niaflower
4
in
Personal Finance