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Tag Archives: mother-in-law

Living With In-Laws, Deep in Debt, Husband in Denial, Marriage on the Rocks, and I Need Debt Relief! – Sharla

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My husband and I both have federal student loan debts (US Dept of Ed and Sallie Mae). We have already each consolidated and are on 20 year repayment terms. He used credit card in college so we had $8000 credit card debt when we began our marriage. We were able to make payments, but have never paid it totally off. ... Read More »

My Mother-In-Law Lives With Us. Can They Take Her Social Security? – Peggy

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“Dear Steve, My mother-in-law lives with us. She collects social security and she does not work. However the money she gets from SS she pays a credit card bill and a student loan (she went back to college at 50). She never has any money for anything else due to paying back her debts. We can’t help her because we ... Read More »

Greg Writes In Asking For Help And Advice

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Greg wrote in asking for some advice. He said: My mother-in-law has over $20,000 in credit card debt she needs to get rid of this debt so she concentrate on paying her medical bills. Would you suggest Debt Relief or Bankruptzy? If Debt Relief can you sugggest an agency? Greg, Thank you for your question. It brings up some interesting ... Read More »

Medical Debt Sending Many Over Financial Brink

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Since 1999, Keith and Deborah Krinsky of Magalia, Calif., have seen their health insurance deductible soar from $1,000 to $10,000. A combination of Keith’s chronic asthma and potential heart problems, Deborah’s connective tissue disorder and fallen arches, and their kids’ various scrapes and stumbles led them to amass a pile of credit card debt and forced them to refinance the ... Read More »

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