Tag Archives: spouse died

Do I Have to Use Life Insurance Money to Pay Off Credit Card Debt? – Susan

Do I have to use the life insurance policy money to pay off credit card debt My husband died and left me with $25,000 in credit card He also left me a life insurance policy in the amount of $55,000. I want to file bankruptcy as I don’t make enough working to pay off the [...]

My Mother Was Recently Widowed and Lost Half Her Income. – Mo

“Dear Steve, My Mother who is 68 yrs. old was recently widowed. Her and my step-Father were already on a limited income. She gets s/s beniftits of approx $800.00 per mth. Along with a small Retiremet check of $110.00 per mth. She will now loose the $900.00 of my Step-Fathers S/S income. Basically Half of [...]

My Wife Just Died at Work and I Have $100,000 of Student Loans. – Mark

“Dear Steve, My wife just died of a heart attack at work, She was the supporter and I am dependent on her medical insurance because of a long list of cronic health problems including Sarcoidosis, Fibromyagia, Sleep Apnea, chronic pain, Insomnia. I have not worked in many years and have $100,000. + in school loans [...]

Deceased Spouse Left $33,000 Worth of Credit Card Debt. What Can I Do? – Judy

“Dear Steve, My husband passed away rhe end of 2008. I had been iill in 2007 and was not working. Other than the horrible fact he died, I did not know we were in financial trouble. Two days after he died, I opened mail I had never seen and found out he had been carrying [...]