Somebody told me that medical debts are are forgiven and written off after seven years if no judgment has been made against the debtor and no payment arrangements have been made. I couldn’t find any information on the internet or at my library proving this unequivocally. Does anybody know if this is true?
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They’re not “forgiven”. However; I don’t think they can list them on your credit report any longer than 7 years.
Here’s a site to check out for answers to questions like this. If you don’t find your question already on there, they have a toll free number to call.http://clarkhoward.com/
no debts are forgiven after any amount of time unless you pay them off