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147 Past Due – Mailbag: Dealing With Medical Bills & Nasty Collectors

by Derek Sisterhen on March 4, 2011

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Past Due: Radio 147 – Mailbag: Dealing With Medical Bills & Nasty Collectors

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Today we took a Mailbag question from Kim. She’s dealing with some medical bills and the lovely little collection calls that seem to always follow.

As a single mom, Kim is working hard to pay her bills and juggle all the basic necessities of life for herself and her son. Recently, Care Credit has been pushing her to make larger payments, even threatening to send her account to an attorney.

Today’s discussion centered around the legitimacy of threats collectors make, how to use a pro rata (or fair share) payment strategy when you don’t have enough money to make minimum payments on debts, and how using a little advice your mother used to give you could actually pay off handsomely (“you can catch more flies with honey than you will with vinegar”).

If you have a specific question, I’d be happy to answer it and further cultivate the wisdom the of Past Due Radio masses. The experiences of our listener base provide plenty of insight we all can learn from; don’t hesitate to ask – I’m happy to help!

Today’s Mentionables:

GetNakedBook.com – My alternate website discussing money and relationships – whether in marriage, with children, or even friends and extended family.

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