Do senior citizens of 83 years of age declare bankruptcy?
March 30th, 2007 by Questions
My mother is presently living in subsidized housing for seniors. She has lived there independantly for a number of years now. Her health is becoming more fragile and she would like to live in a seniors residence. I have recently discovered that she owes $10,000 to a major credit card and another $2,000 to a major department store credit card. She is 83 years old and living on only OAS, CPP & QPP, supplementary income & a small British pension. How will it be possible for her to pay off these debts? and what should she do? Thanks.