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Al asked in Business & FinanceCredit · 1 month ago

if a hospital shuts down can I be sued for unpaid medical bills?

if they are shutting down, how could they afford a lawyer to sue me?

9 Answers

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  • 1 month ago

    They sell the debt to another company who specializes in collecting the debt.  

    Lets say they declare bankruptcy.  They'll have creditors and they could pursue the "Accounts Receivable"...meaning your bill.  

    They wont just forget and this wont just go away.  

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  • 1 month ago

    When they were open you had a procedure done, and when they closed someone took over accounts due and payable.  They will bill you.  Pay it.

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  • 1 month ago

    Sure can, you still owe the money. Hospital shutting down doesn't mean the entity doesn't exist anymore.

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  • Judy
    Lv 7
    1 month ago

    Someone else buys the debt who CAN afford to sue you

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  • Anonymous
    1 month ago

    Collectors work for a % of collections and their accounts receivables are still an asset.  Getting sued for medical bills is rare but collections will continue.

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  • 1 month ago

    Yes. And they don't have to pay the lawyer. The lawyer can take the case without being paid and get a cut of the money if successful in getting money from you. More likely, they'll send the debt to a collection agency, which has its own lawyers.

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  • 1 month ago

    The money that you owe them is an asset on their books and that asset has a value.

    If the hospital closes, someone will buy their receivables (the money that they are owed) and try and collect it.

    This is the norm for business closures.

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  • Anonymous
    1 month ago

    Somebody will buy their debts and they will sue you.  Those debts are worth money.

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  • Carson
    Lv 6
    1 month ago

    Some entity will buy it for pennies on the dollar. Then they will come after you.

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