Legal Question in Credit and Debt Law in Texas

I received a medical bill a couple of months ago and since the balance was too high for me to pay in one payment, I was going to call them to set up a monthly payment plan. I completely forgot to call and after 2 months, I received a letter from the company threatening to send my account to collections if I didn't pay. I called today and they told me that I had to pay 20% of the balance (which I did at the end of the phone conversation), and that I had to pay the balance in full within 6 months.
My balance minus the 20% is still fairly high for me, and I'm not sure if I can pay within 6 months. If I end up with a balance after 6 months, can they legally send my account to collections? I thought I heard from somewhere that as long as I make some sort of payment every month, they can't do that. I asked for 12 months, but they were set on 6. Can you please clarify?
Thanks

Asked on 5/05/10, 3:52 pm

Mark Dunn Mark D. Dunn

0 users found helpful

0 attorneys agreed

If these people "send the account to collection" is just isn't a big deal.

Pay them as quickly as you can, and don't give in to their threats. In fact, don't talk to them anymore; just send them money when you can.

Your credit report will show that you paid late. There's no such thing as a credit report saying that an account is "in collections."

Answered on 5/10/10, 7:55 pm

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