	AllExperts > Collections Law
	Search

About Regan Shinski
Expertise
I can answer questions on collections, repossessions, bankruptcy, credit repair, credit counseling, FICO scores, credit planning, and the cause and effect of credit related decisions. I can also answer questions on collection settlements and preparing to sue your creditors for false debts and credit credit reporting.

Experience
Fifteen years ago I was financially devasted due to severe health issues. I filed bankruptcy, had a foreclosure, car repossession, tax lien, and ruined credit. I immersed myself in credit law. I settled dozens of accounts and had them removed to improve my credit. I personally sued four creditors and collection agencies and won cash settlements for their false reporting on my credit reports. Since then, I have completely recovered and have nearly $100,000 in revolving credit lines and perfect credit. I have owned a credit repair company for the past five years and have an additional three years of specific work in the collections and debt management industry. I am fully versed in the Fair Debt Collection Practices Acts (FDCPA), Fair Credit Reporting Act (FCRA), and have used them successfully in collection settlements and lawsuits for myself and others. I am also familiar with and abide by the Credit Repair Organizations Act (CROA). I have deleted or helped delete literally hundreds and hundreds of derogatory items from consumers' credit reports and helped negotiate many settlements with collection agencies and creditors. I have also advised people on bankruptcy at any stage. In the current credit market, I have successfully advised numerous people on how to obtain credit and how to negotiate for better terms.

Education/Credentials
BA University of Minnesota

You are here: Experts > Business > Corporate Law > Collections Law > medical bills minimum payment

Collections Law - medical bills minimum payment

Expert: Regan Shinski - 10/24/2009

Question
I was told you can make a minimum payment on ANY medical bill of $5.00 per month and make the payment ON TIME...
then
the hospital can NOT come after you for more, NOR wreck your credit in any way, shape or form....
...For example: If a person owed $500 to one hospital and $100 to another....etc etc..........you pay five bucks a month to each place, on time, and they HAVE TO ACCEPT THAT and NOT report you as late, and NOT report you as NOT paying the monthly bill in full.

Is this TRUE for the State of California now?

Thanks.....

Answer
No. I don't live in California but have a decent amount of clients over there. Never heard of it and it also doesn't make sense. A $5,000 bill at $5 per month would take over 83 years to pay off - assuming no interest. That can be one day in major hospital. Many hospital bills are much more than that. Hospitals would be out of business in a heartbeat.

If you are having trouble with a California hospital bill, this website is an excellent resource:

http://www.hospitalbillhelp.org/

There you will find all your rights, insurance, and other helpful information.

Sorry. That would be nice though wouldn't it? Good luck. That website has a lot of helpful information. Something there should be able to help you in your situation.

Regan
mbscompany@aim.com

Add to this Answer Ask a Question