09.26.22 Illegal Nursing Home Debt Collection / Bad Investment Advice Is Everywhere

Published: Sept. 26, 2022, 11 a.m.

b"A completely illegal practice is going on by nursing homes and their collectors. Under federal law - The Nursing Home Reform Act -\\xa0it\\u2019s illegal to go after family members for nursing home debt. What to do if you\\u2019re contacted for this type of collection. Meanwhile, bad investment advice is being peddled to young would-be investors on TikTok and other social media channels. There are 225 professional designations people are using to pitch commission based financial advice!\\xa0That\\u2019s why you must know the basics, know the pay-for-play dubious pitch when you hear it, and know how to find a legitimate, fiduciary financial advisor.\\n\\nIllegal Nursing Home Collections: Segment 1\\n\\nAsk Clark: Segment 2\\n\\nEthics In Investing: Segment 3\\n\\nAsk Clark: Segment 4\\n\\n\\nMentioned on the show:\\n\\nRegulators try to stop unlawful nursing home debt collection\\n\\nThe 1987 Nursing Home Reform Act - AARP\\n\\n4 Things To Know About Hulu's Live TV Streaming Service\\n\\nClark.com - Streaming TV\\n\\nRule of 78 Definition - Investopedia\\n\\nSimple Interest Definition: Who Benefits, With Formula and Example\\n\\nWhy Investing And Insurance Shouldn't Mix (Despite What TikTok Says)\\n\\nWill the Real Financial Planners Please Stand Up?\\n\\nWhat Is a Fiduciary Financial Advisor and Do I Need One?\\n\\nBest Investment Companies for Investors in 2022\\n\\nTrust Pilot - Worthy\\n\\nHere Are 100+ Brands That Are Made in the USA\\n\\n\\nClark.com resources\\n\\nEpisode transcripts\\n\\nClark.com daily money newsletter\\n\\n\\nConsumer Action Center Free Helpline: 636-492-5275\\n\\n\\nLearn more about your ad choices: megaphone.fm/adchoices\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"