Bankruptcy for senior??
January 21st, 2011 by Questions
Our mother is in hospital and will be going to Long-term care sometime in future, she current has CPP, Old age pension and small work pension. She has credit card debt of $80,000 with no assets. Should she claim bankruptcy? Also she lived in our house for past 17 years paying us rent with no lease. Can creditors come after us for us to pay them the rent she was paying us since she stopped paying the minimum payments?
WE are concerned they may come after us?? thanks
Posted from: Ontario