Why you should NOT pay the Medical Debt Collectors. In this video, we're going to talk about how to deal with Medical Debt Collectors and removing them from your Credit report. We brought Melvin Johnson from Maaj Capital one more time to bring you some amazing content!
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First of all, Medical Debt Collection information on your credit report may be a violation of HIPPA Privacy Law. So, therefore, if the credit bureaus report your medical debt collection information on your credit report, you may have a shot at removing it.
Second, Credit Reporting Bureus are required by law to report accurate, verifiable, and timely information your credit report. (FCRA - Fair Credit Reporting Act)
Remember... Please consult with a Licensed Professional when removing Medical Debt Collection Items off of your credit report.
Third, If Medical Debt Collectors harass you or intimidate you in a way that threatens your safety and life, this is also another violation of your rights and laws.
Fourth, When/If you do pay a debt collector, make sure you get the receipt of payment. Sometimes the debt collectors could sell your account and debt over to another debt collection agency. So you don't want to end up paying a debt collector when they already sold the debt to another company. Now, you just paid the wrong people! (yikes!)
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The Kwak Brothers are millennial real estate investors who have acquired over 82 Units of Rental Units and have raised over $20,000,000 of capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping hard-working people become financially free real estate investor! They specialize in owner financing acquisition and raising capital. They are the creator of the FORCE Strategy (Find the deal, Owner Finance It, Raise the Capital, Cashflow It, and Expand your Financial Freedom)
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Christopher Dorsano - Creative Director
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---DISCLAIMER--- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.
Don't Pay Medical Debt Collectors
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