So my mom's been intubated and sedated, bills are coming due. I've tracked down most of her paperwork and am beginning to enact the POA. Now that I'm seeing her accounts, I've come to find out she's way over her head in debt.
She's retired and on a fixed income of about $2800 per month.
She's amassed a $50,000 home equity line of credit (maxed).
Credit cards: at least 8 active cards with a combined debt of roughly $50,000 (I'm still discovering more that will likely get me close to this number).
The maintenance on her debts will render her unable to pay any other bills, in fact she's been amassing these cards to pay her bills creating a massive domino effect.
I'm at a total loss as to what to do, if I even pay the minimums on all this debt, she'll be totally broke. If she survives and does not need a nursing faculty, she will not be able to keep going like this.
Any help is appreciated.
Submitted January 20, 2017 at 06:28PM by MontavillanMike http://ift.tt/2j4dPhz
