Ask Experts Questions for FREE Help !
Ask

Elderly and credit card debt.

Asked Feb 16, 2008, 03:25 PM — 2 Answers
My mother is elderly, in poor health, and only income is social security. She has a large credit card debt (one card) and the company wants minimum payments of almost half her income. She has ask them to reduce tha payment, but they refuse. What can be done?

2 Answers
N0help4u's Avatar
N0help4u Posts: 16,954, Reputation: 9423
Uber Member
 
#2

Feb 16, 2008, 03:35 PM
Go down to which property and income is protected from debt collection
Unless it is a government debt or a school loan this pretty much applies

http://www.lawhelp.org/documents/138...ateabbrev=/WA/

Social Security Benefit Checks are Exempt from Garnishment, but….
Helpful
Fr_Chuck's Avatar
Fr_Chuck Posts: 72,624, Reputation: 37031
Expert
 
#3

Feb 16, 2008, 03:45 PM


Well first have her cut the card up and not charge things she can't afford. Perhaps you can work extra and help her pay for the debts of things she actually bought and paid for.

And in the end, work with a credit counseling company to help arrange a payment plan you can afford
Helpful

Not your question? Ask your question View similar questions

 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Add your answer here.

Remove Text Formatting

Undo
Redo
 
Decrease Size
Increase Size
Bold
Italic
Underline
Align Left
Align Center
Align Right
Ordered List
Unordered List
Decrease Indent
Increase Indent
Insert Email Link
Wrap [QUOTE] tags around selected text
Wrap [CODE] tags around selected text
Wrap [HTML] tags around selected text
Wrap [PHP] tags around selected text
Wrap [YOUTUBE] tags around selected text
Notification Type:



Check out some similar questions!

Is credit card debt open account debt or a written agreement debt? [ 17 Answers ]

I am currently fighting a credit card debt action filed against me by Unifund. The issue is whether credit card debt is open account debt subject to 3 year SOL in the State of Washington or a written agreement debt subject to 6 years. I asked the same question on another forum and received an...

Elderly mom cannot pay credit card debt [ 29 Answers ]

My mother, who is 95, has just received notice that a lawsuit is about to be initiated against her by a collection company who took over her Sear's account. She has no property, lives with me and only receives Social Security and a $50.00 pension check. Should I send a letter to the...

College Loan Debt & Credit Card Debt [ 1 Answers ]

Answer received

Elderly mom about to be sued, credit card debt [ 3 Answers ]

My mother is 94. She has dementia, is almost blind and deaf, has had cancer and numerous other medical problems. I am her only child and I am her only caregiver. She lives in my house. She has no property and her only income is her Social Security and a small pension of $50 a month. I paid her...

Sick elderly parents need help with old credit card debt [ 9 Answers ]

-------------------------------------------------------------------------------- Hello there. This is my first question on this website. Hopefully someone is able to guide me. My father is 74 and very ill and my mother is 70 with cancer. They were keeping up on their credit card payments...


View more Bankruptcy & Debt questions Search