Jump to content

Search the Community

Showing results for tags 'bakruptcy'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


  • Announcements
    • PLEASE READ BEFORE POSTING / Board Announcements
    • Cosmetic Changes to the Forum
    • Resources
  • Credit Repair
    • Credit Repair
    • Collections
    • Credit Bureaus/Reports/Scores
    • Identity Theft
  • Legal Issues
    • Is There a Lawyer in the House
    • Bankruptcy Q and A
  • Debt Validation
    • While You are In It Debt Validation Q and A
    • Debt Settlement
  • Loans and Banking
    • Obtaining Credit Cards, Auto Loans and Financing
    • Mortgages
    • Student Loans
    • Banking and Finance
  • Non Credit
    • Off Topic

Find results in...

Find results that contain...

Date Created

  • Start


Last Updated

  • Start


Filter by number of...


  • Start







Found 1 result

  1. After a recent hospitalization for my mother, I went to help her with recuperation. I came to learn that she has more debt that she can handle on her fixed income. As I sort through it, she has just under $25K in unsecured credit card debt. With her fixed income and her mortgage and other expenses there is not enough left for these payments. Here is where I look to all of you for advice. We believe (and the doctors confirm) that she is in the early stages of dementia. Right now, it is more of a forgetfulness, but we also believe that she has been been taken advantage of by some people she has allowed into her life (poor decision-making). She is strong and proud and not ready to deal with much is being said. While my siblings and I can work something out to pay this debt, we are also looking to the very near future and I believe full time care. The expense of this prospect is overwhelming. Should we have her file bankruptcy and save every penny for what is to come or come up with the money to pay off this debt? We are faced with so many emotional challenges right now, I know that I am not thinking too clearly. My main concerns are that my brother is on the title to the house, I'm not sure how bankruptcy would affect that. Also, is her pension and social security protected? Any advice would be appreciated.
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.