Will I be responsible for payment of mom's credit card debt in any way? - AgingCare.com

Will I be responsible for payment of mom's credit card debt in any way?

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Mom is going into assisted living she is 10,000 in credit card debt she doesnt own any property and has no automobile she has 229.00 in her checking and gets social security of 1100.00 she has two life insurance policies totaling 9,000.00 but both have been irrevocably assigned to a funeral home and cemetary for death benefits I am on her checking account for a cosignee and I have poa for her I am not on her credit card as an authorized rep of any kind will I be responsible for payment of moms credit card debt in any way

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I don't believe that they can come after her Social Security. This is another case that you may want legal advice for, though. After your mom passes, you shouldn't be liable but while she's still alive they may fight for payment. They won't get it but they may harass you.
Good luck,
Carol
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No. Write the credit card companies or contact them by phone. Let them know mom's liquid assets are $229.00 and her only income is social security. They will have to write off debt. They can't come after her SS income.
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I don't think you should contact the credit card companies until she passes
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To answer your main question, you are not personally responsible for paying your mom's CC bills. Under NO circumstances do you have to pay any of those out of your money - the CC company may try to guilt or bully you into that. But as POA, you have a fiduciary responsibility to pay her bills out of her income. I'm going to guess that the cost of her assisted living will be more than $1100 per month? If so, contact the CC company, tell them you have POA, and your mom can no longer pay their bill. They'll be ticked off and pout like a 2-year old, but they can't really DO much if she has no assets. If they sue(that is their right), then you'll get to talk to the lawyer(who usually has a brain) and tell him your mom doesn't have anything. She is what's called "judgement proof".
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THE CREDIT CARD COMPANIES CANNOT TOUCH SOCIAL SECURITY. DO NOT 'pay them off' with that money. Your mother needs that money and the cc company will just have to eat her debt. Do not pay them, YOU are not responsible for that debt. If it 'ruins her credit', so be it! She's in assisted living, she isn't going to be buying a new car or charging a Disney cruise to her card.
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How is ur Mom affording an AL? Medicaid waver? Can she afford to pay the minimum? Better if she pays more because minimum pays only the interest on that amount of money. Paying the minimum will keep the credit card company off her back. If your Mom is in her right mind , you might want to consider a consolidated loan. All the credit cards could be lumped together and payment may be smaller. May ask for a cosigner and that would be ur problem. You r not responsible for Moms debts and don't allow any collection agency to say ur. They cannot harrass u either.
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Do not pay her cards with her SS income but do contact cc company. I advised my father's credit union both in person and in writing as POA that he cannot pay off card since now in skilled nursing under Medicaid. They still went to court over him. The first time it was postponed because their attorney did not show & the second time there was a court date, I wrote a letter to the judge explaining his situation. The judge dismissed the case.
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Cheri, I'm not sure I would have said:
"He has no property, is seriously ill and has no intention of paying the debt." Also this:"in relation to this and all other alleged debts you claim he owes."
That sounds very argumentative, so I'm not surprised a couple of companies still sued. It probably would have been more effective to say "He has no ABILITY to pay the debt." Just my opinion...
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I am in the same position with my father. Does the same apply for hospital bills? If he doesn't pay, can they refuse services for him?
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CC's don't lose, anything. Their "losses" are passed onto other credit card holders, through higher interest, and late/returned check fees.
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