When Does It Make Sense To Refinance Your Mortgage? (Hour 2)
The Ramsey Show
Ramsey Network
4.5 • 38.5K Ratings
🗓️ 9 May 2023
⏱️ 40 minutes
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| 0:00.0 | Do How To Help |
| 0:04.0 | Live from the headquarters of Ramsay Solutions, broadcasting from the pods, moving and storage |
| 0:33.0 | in studios. It's the Ramsay Show where we help people. Build wealth, do work, that they love and create actual amazing relationships. Open phones that |
| 0:47.0 | are triple eight, eight, two, five, two, two, five. Jade Washall, Ramsay Personality is my co-host today. Greg is in Sacramento. Hey Greg, welcome to the Ramsay Show. |
| 0:58.0 | Hi Dave, thank you. |
| 1:01.0 | Sure. |
| 1:02.0 | Well my adult son had an event two years ago which is heart stopped and he had a little to no blood flow for 15 to 30 minutes or so. |
| 1:13.0 | As a result he suffered a brain injury and was in the hospital for six months. But the amazing thing is he survived and he's actually doing remarkably well. |
| 1:29.0 | Even though they didn't expect him to survive. He's still in recovery and he's hoping to be able to work and live on his own again and hopefully within a year or so. |
| 1:39.0 | But he didn't occur a lot of medical debt given that he's not working yet and he had some debt before that. Fortunately the hospital itself forgave $2.5 million for which we're extremely grateful. |
| 1:54.0 | So he had no insurance? |
| 1:57.0 | No, that was with insurance. I mean the insurance covered whatever they covered and then the hospital said the total bill was $2.5 million. |
| 2:11.0 | Yeah, but they got money out of the they got a lot of money. They got a lot of that from the service. |
| 2:17.0 | But they forgave the rest. That's very nice. |
| 2:21.0 | We're grateful for that. But he does still have about 45k and medical debt and that's to about 30 different providers. |
| 2:30.0 | Additionally I think about 15k and personal lip prior to that. Most of that's all in collections right now. |
| 2:38.0 | And I'm just trying to I would like to know how I can best help him deal with the debt. |
| 2:46.0 | So how's he doing with the brain injury? What is he back? Is he 70% back 89% back? How's he doing? |
| 2:54.0 | Well, it's hard to tell. In some areas he's probably 100% but in other areas he's got difficulties. |
| 3:01.0 | He's taking a course at a junior college right now and it's he's actually doing really well in the course but it's hard for it to take some he says it takes me a lot longer and it's very grainy physically on him. |
| 3:16.0 | But anyway, he's doing well. He's actually 39. |
| 3:20.0 | Wow. How old are you? |
... |
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