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The Ramsey Show

How Do I Settle My Bills? (Hour 2)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 6 December 2022

⏱️ 41 minutes

🧾️ Download transcript

Summary

Dave Ramsey & George Kamel discuss: How to navigate getting your bills out of collections, Selling/transferring a house to your children, Pulling from an IRA to pay off a house, The best way to open an IRA, When to plan to get a new vehicle, Rolling a 401(k) into a Roth IRA, When it's time to quit your job. Support Our Sponsor: Splash Financial Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Cooking With Me

0:20.8

Live from the headquarters of Ramsay Solutions, broadcasting from the Pots, Moving and Storage

0:37.3

Studios.

0:38.3

It's the Ramsay Show where that is done, Cash's King and the paid off on Mortgage has taken

0:43.6

the place of the BMW as the status symbol of choice.

0:48.6

We help people build wealth, do work that they love and create actual, amazing relationships.

0:57.1

George Campbell Ramsay personality is my co-host today, Open phones at Triple 8, 825-225.

1:04.5

Kathy is in Reno starting off this hour.

1:06.6

Hi Kathy, how are you?

1:07.6

Hi, good, how are you?

1:10.2

Better than we deserve.

1:11.2

What's up?

1:12.2

I had a hospital bill that has gone into collections.

1:19.4

It's just over $1,000 but it has interest, so it's really $1,100.

1:28.2

I have made them offers which they have rejected.

1:32.1

My last offer was $500 and now they're saying they will not take any offers or negotiations,

1:40.5

so I need to pay them for them.

1:42.5

So I can help navigating this and also I want to know if it's legal for them to charge

1:47.9

interest on medical debt.

1:50.1

Sure, it's perfectly legal.

1:52.2

Okay.

1:53.2

Why do you not have $1,000?

...

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