Credit card is closed and has balance of $1000. Assited Living Home costs $2500 monthly and budget is lean. Is it better to continue making

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monthly payments or pay off the balance in full?

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There are so many variables here, and I'm am not even close to being a financial expert. I'm answering this to put it up front in case anyone who is a financial expert can give you advice. You likely should see a CPA or other financial expert, or even an elder attorney if this is your elder's account. Good luck.

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