Quote:
Originally Posted by finz
I don't know that creditors 'officially' forgive the debt, I think it's more that they see the futility of spending good money for their legal team to go to battle and not be able to get much of a return.
You know the old saying, "You can't get blood from a stone" ?
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What about the 20 percent owed on Medicare. If you have a costly operation and owe 10 grand afterwards,do they forgive that also,if you don't pay?