Posted on: 10th Jan, 2010 07:22 am
if a person already has one or two foreclosures from investment property and they run into medical bills, are they better off trying to resolve the medical bills with the hospital under a hardship case and paying off a very small amount or just declare bankruptcy and walking from it all. one big concern which approach is better to restore credit down the road.
Pay the medical bills. Do not let them go to collection.