Tag Archives: elderly debt

My 95 Year old Mother is Struggling to Pay Her Credit Cards. – Jeanne

“Dear Damon, This is regarding my 95 year old (soon to be 96) about her massive credit card bill. Her only income is Social Security at about $1400 per month. She has many other bills and pays everything on time, but this leaves her with only about $200 left over per month. She does not [...]

How Do We Deal With My 78 Year Old Mother and Her Chase Credit Card Debt? – Christi

“Dear Steve, My mother is 78 years old and has one major credit card with Chase current balance is $16,575.00 . Mom is the only person on the account as our father passed away 25 years ago. Mom has lived with me for the past 10 years. Her only income is her social security each [...]