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Power of Attorney (POA)
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anonymous909574
Asked May 2019
What to do with mom's debt when placed in adult foster care home?
She lived in apartment, has no assests money but has credit card debt.
Debt
Financial Planning
Power of Attorney (POA)
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BarbBrooklyn
May 2019
Credit card debt is unsecured. If she has no assets, the CC company will write it off, but it result in a 1099C being issued which may cause mom to owe taxes.
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