medical debt - considered UCC or written contract? and any laws, case laws, statutes to back that up?
Hi Jenz. I have a workable opinion on this but some disagree. Some Medical Debt IS a written Contract and some are Open Accounts. So to ask about "medical debt" I think is too general. A Hospital bill for example, is a written contract. Office visits to your PCP is Open. The distinguishing factor is whether or not additional, future transactions can be anticipated, which are payble in 4 or more monthly payment installments. .
ok here is the situation: someone goes to dentist before insurance changes and they will no longer be seeing them. since there won't be any future transactions - this would be written? i hate this medical crap - it has no business being on a credit report.