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2006-07-08 09:11:54 · 7 answers · asked by greatdame53209 1 in Business & Finance Credit

7 answers

Medical debts should fall off of your credit reports at the seven year mark.

As far as the medical providers or collection agencys trying to continue to collect, medical statute of limitations (SOL) is a tricky thing. You may find that you have no defense if SOL is your only defense.

It all depends on the medical provider and if they receive governmental funding. If they do, then the accounts would be similar to any governmental type of debt. Which would mean no SOL.

2006-07-08 14:37:02 · answer #1 · answered by echo 7 · 1 0

Generally, the reason for keeping financial records has to do with IRS audits. If they are paid, uncontested, and not related to federal or state taxes, you are safe to get rid of things immediately if you want. For individuals, the IRS can only go back three years (unless there is criminal fraud involved, in which case they can go back to the statute of limitations on the crime). Generally, businesses must keep records for at least seven years for tax purposes (though this may be changing or have changed to a shorter period.in most cases) So basically, you should feel safe in getting rid of them.

2006-07-08 16:19:42 · answer #2 · answered by Josh 3 · 0 0

if you can't afford to pay your medical bills why did you use the services

2006-07-08 21:45:03 · answer #3 · answered by Anonymous · 0 0

Pay them off

2006-07-08 16:17:48 · answer #4 · answered by Anonymous · 0 0

Not likely,still will be on your credit report.

2006-07-08 16:15:26 · answer #5 · answered by Anonymous · 0 0

YOU CAN GET THEM REMOVED TRY www.jicinvestments.com. IT REALLY WORKS.

2006-07-09 01:05:15 · answer #6 · answered by Anonymous · 0 0

pay them.

2006-07-08 16:14:59 · answer #7 · answered by Anonymous · 0 0

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