workingonit Asked August 2012

What can I do about my folks credit cards?

Follow
Share

My mom owes quite abit on several cards,has dementia, Dad cancer. They have no savings or anything at all,only s.s. monthly. Ican not afford to help. They own their home. I was advised to just stop paying and turn off their ph.I am very scared please advise

This question has been closed for answers. Ask a New Question.
2

Answers

Show:
NancyH Aug 2012
Have you called the credit card companies and honestly asked them what to do? I learned long ago that they couldn't read my mind, so when I wouldn't answer the phone, how did they know what was going on? Pick up the phone and be honest. Life happens, they need to know what has happened.
Helpful Answer (1)
Report

AgingCareCM Aug 2012
workingonit,

You might want to check out this article:
Are Caregivers Responsible for Their Parent's Debt?
https://www.agingcare.com/Articles/Are-children-Responsible-for-Their-Parent-s-Debt-133807.htm

It might give you some great insight on what you are and are not for.

Best of Luck :)
Helpful Answer (1)
Report

This question has been closed for answers. Ask a New Question.

Related
Articles

Related
Questions