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Home > Reader Questions > My Daughter is Bipolar. Will it Help if She Files Bankruptcy? – Phil

My Daughter is Bipolar. Will it Help if She Files Bankruptcy? – Phil

Adult daughter in Los Angeles has been diagnosed as bipolar after undergoing a run up of manic behavior and ending with psychotic episode that put her in a mental health hospital for 2 weeks. As of this time – released for 1 week, she cannot work and cannot function without help.

She has about 6K-10K in ccard debt and unpaid bills, and 60K in student loan debt, and will have ongoing expenses for meds, doctor, therapy, etc on top of the usual.
We are likely to apply her for Social Security Disability.

Does it at all help if she declares bankruptcy.

Phil

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