elderly and bankruptcy
This is a discussion on elderly and bankruptcy within the Consumer Bankruptcy forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; My 78-yr old mother is on a fixed income and spends over 1/3 of it paying back on a charge ...
![]() |
|
|
Thread Tools | Search this Thread | Rate Thread | Display Modes |
|
|
#1 |
|
Guest
Posts: n/a
|
My 78-yr old mother is on a fixed income and spends over 1/3 of it paying
back on a charge account with a dept store (she's had the account for many years). She spends the rest on medication, personal needs, and whatever may be left on an occasional meal with friends. She has no savings, does not own a home or car, and owns no other property besides the clothes on her back, and has only the bank acct where her monthly check is deposited. She is distraught over making ends meet on a monthly basis, and wants to file bankruptcy to be relieved of her debt. I don't know if this will hurt her in any way - she belives she is too old to worry about credit at this point. Thank you for any advice. |
|
| Sponsored Links |
| Forming an off-shore company? We can assist you in forming your company in 40 countries worldwide. |
|
|
#2 |
|
Guest
Posts: n/a
|
I'd feel the same way if I were her, I'd do more research, but I say what harm will it do if all she's got is the clothes on her back. Let her enjoy the rest of her years debt free, stress free!
|
|
|
|
#3 |
|
Guest
Posts: n/a
|
thank you - I will continue to research and see what other advice anybody else can provide.
|
|
![]() |
| Bookmark & Share |
| Tags |
| None |
This thread has 2 replies and has been viewed 623 times
| Thread Tools | Search this Thread |
| Display Modes | Rate This Thread |
|
|
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Elderly Father Exploited By Daughter | Debbie Jo | Elder Law | 1 | May 22nd, 2008 01:39 PM |
| an elderly and disabled parent | Unregistered | Elder Law | 0 | May 19th, 2008 04:34 PM |
| Fraud against elderly parents | Unregistered | Other Business & Finance Law Issues | 0 | Feb 11th, 2008 09:52 AM |
| Credit Card Debt for Elderly | Unregistered | Debt Collection | 2 | Dec 13th, 2006 04:40 PM |
| elderly taken advantage of | Unregistered | Other Healthcare Law Issues | 1 | Nov 1st, 2006 12:17 PM |
Forming an off-shore company? We can assist you in forming your company in 40 countries worldwide.
All times are GMT -5. The time now is 11:45 AM.









Linear Mode

