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Should I wait or pay off debt before the 7 year period?

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I have 5 unpaid medical bills. I haven't made any payments on the bills for the past 5 years. The bills have been assigned to a debt collection agency based in SELMA, Alabama. Strangely, the accounts have not been reported to my credit report. I don't know the exact reasons. Should I start making payments at this juncture, considering only 2 years are left to complete the 7 year period?

No need to start making payments now. Have you received any calls from the collection agency?

Sub: #1 posted on Mon, 08/05/2013 - 09:33


Check out the SOL period. If the SOL period has crossed, you need not worry about those debts. Making payments might set the clock ticking again.

Sub: #2 posted on Mon, 08/05/2013 - 11:37

amy.nickson1986 amy.nickson1986

(Posts: 72 | Credits: 230.57)

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