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anonymous909574
Asked May 2019
What to do with mom's debt when placed in adult foster care home?
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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.
05/15/2019 15:05:26
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