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    richb71's Avatar
    richb71 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 9, 2008, 10:48 AM
    Medical Debt
    We live in New York State. My daughter owes a medical debt and a judgement was obtained against her. The original debt was around $1400. Interest has been added and the debt has grown to almost $1800.
    Is it legal to add interest to a medical debt?
    How long will the judgement last?
    Is it worth trying to negotiate the amount owed down?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jun 9, 2008, 10:58 AM
    Yes
    10 years but can be renewed for at least another 10
    Yes

    Once the debt became past due, its legal to add interest on it. Its also legal to tack on the costs of collection.

    Unless you can pay a lumpsum, I doubt if they will accept a settlement. Since they already have the judgement, they can garnish her salary or attach bank accounts. So they hve little incentive to settle.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Jun 9, 2008, 04:31 PM
    Normally after they have a judgement, they have little concern to settle.
    The time to settle was before they got the judgement.
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