“Dear Steve, My mother is 77 years of age. Her memory is no longer the best for her finances and she gets confused as to who gets paid what and how much. the debts, even though she doesn’t even use the cards but one walmart for groceries the interest rates and payments have gone over the roof so to speak. ... Read More »

This story by NPR really struck home for me as my 82 year old father has been very frustrated and confused by some of the phone calls and mail he’s been getting that are health related. Some of the recent offers that have been hard to understand have actually come from AARP and AAA, both selling insurance coverage in conjunction ... Read More »

“Dear Steve, My mother passed away Aug. 2012. My parents were married nearly 63 years. Their budget was based upon both their retirement incomes. After severely cutting monthly expenses we still find that keeping the house (along with utilities to live there) leaves him with absolutely nothing left over each month.We also have medical expenses we are trying to satisfy ... Read More »

“Dear Steve, My mother is 78 year old and has accumulated a significant amount of credit card debt (14,000). This debt is spread across nine different credit cards with varying interest rates which she attempts to keep current paying minimum payments. She has used balance transfer options when possible to reduce interest rates. However, she has had some trouble at ... Read More »

Oregon sues Legal Helpers Debt Resolution and Chicago law firm for financially abusing elderly Legal Helpers Debt Resolution collected at least $2.5 million in fees from Oregon consumers since 2009, promising to secure “financial workouts” for their unsecured debts, according to a complaint filed Tuesday in Multnomah County Circuit Court. But the company never registered with the state as required ... Read More »

“Dear Steve, Husband medically retired I have very small income our total incone is approximately $40,000 after taxes. We have a primary mtg. Of $1800 a month,a second house of $1100 monthly where my mother in law rents for$ 740 a month. Both taxes & insurance are included. W can pay our monthly bills if we are careful but cannot ... Read More »

“Dear Steve, I asked a question a few months ago about my elderly mother’s sitation, I am her caregiver, (see link in background info of this form). Yesterday Friday 4.8 she was served with papers by Michael J. Scott representing Citibank and has 20 days to respond. My mother is judgement proof her only income is social security and a ... Read More »

“Dear Steve, I have 2 situations: 1) 51 year old male, am unemployed, have approx $45K in debt 2) mom, 72 years old, $87K worth of CC debt, fixed income, playing interest every month, but getting no where. I was actually wondering if you recommend the various services that advertise on your website, or if you have a list of ... Read More »

“Dear Steve, I am a 73 year old senior. I work 5 days a week and receive social security. I have debts from way back when I was married and some more recent ones. I probably owe between 10 and $20,000. I cannot answer the phone and if I do I get harrassed. I am so stressed and I keep ... Read More »

“Dear Steve, I am a 63 year old single woman who has been living in a condo that I have been paying a mortgage on for almost 27 years. I am presently collecting social security and have a small part time job. I have very little savings which I am using to pay bills. I am struggleing. In April of ... Read More »

Brenda “Dear Steve, I helped my parents in their late 80’s transfer balances to a low 3.99% till pay down, because they had been solicited by a number of credit card companies to go ahead and use the convenience checks for a low promotional which grew to over 36% interest. They used it to pay their property taxes, insurance, heating ... Read More »

“Dear Steve, My mom is 87 and up until this year had a credit score of 750. she has about 10,000 in credit card debt but has been paying her cards on time without a problem until this year. every card she has lowered her credit limit and has increased her interest rate which of course has put her in ... Read More »

“Dear Steve, My mother is being sued by Chase Bank. She’s 80 Jan. 2010, works full time 7.78hr-14 yrs. same employment dishwasher. Raised 5 kids, buried 3 on her credit. Did get small ssa from dead dad 1894-1965 (so he didn’t pay much in) No public asssistance i.e. food stamps, welfare. Just worked & payed bills her entire life. She ... Read More »

“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 month. She always pays the ... Read More »