A recent CBS News story, citing to a study conducted by Johns Hopkins, has revealed that medical errors are the third leading cause of death in the Unites States, second only to heart disease and cancer. Moreover, tonight Fox News aired a special segment on “the need for more transparency,” issuing further insights that identify where the medical errors may exist and possible solutions.
Last Week Tonight show host John Oliver forgave approximately $15 Million dollars’ worth of old medical debt. The price paid? $60,000 dollars.
How is it possible that millions of dollars of medical debt can be wiped away while consumers are expected to pay back every single penny of old medical debt? Oliver and his team created debt collection company “Central Asset Recovery Professional” or better known as CARP – brilliantly named after the bottom feeding fish. CARP purchased expired Texas medical debt for $.004 for every dollar. Rather than collect the $15 Million, CARP very publicly forgave the debt by partnering with non-profit organization “RIP Medical Debt” which specializes in forgiving medical debt without tax consequences to the consumer.
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Geoffrey E. Sherman, Partner at Oppenheim Law has been selected in the 2016 Super Lawyers list. The Super Lawyers list is issued by Thomson Reuters. Continue reading
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Five-Year Statute of Limitations Law still has a Few Lifelines Left in South Florida Foreclosures; Notwithstanding Bank-Friendly Opinion
The Third District Court of Appeal’s recent decision in Beauvais would suggest that the five-year statute of limitation does not apply to mortgage foreclosure actions. However, not all courts would agree.