“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 … Read more
“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 … Read more
“Dear Damon, We were doing fairly well until my wife had to quit her job to take care of her parents, both of us are only children so not much choice. Anyway, from an asset standpoint, we have 2 homes , both valued at about $115,000 ea. One we owe nothing on, the other we … 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 … 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 … Read more
“Dear Steve, My elderly mother for whom I am caregiver and have power of attorney is in debt to three credit cards (Discover, Citi, Chase) and has a total income of $2,000 a month from social security and a pension, due to a combination of depleted savings, rising costs, and other expenses, etc. we can … 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 … Read more
“Dear Steve: First, I want to say thank you for your help with my debt situation as you made my decisions much easier to make with your answers. How ever I now need some advice regarding my mothers debt problem with discover. She was recently diagnoised with the onset of dementia and is now living … Read more
“Dear Steve, My parents owe $36,000 in credit card debt and have a $120,000 home equity loan on their home (valued at $285,000). They are in their late 70’s. My father does not work and my mother works a $9.00/hr. job. Their total monthly net income including SS is around $3000. They have been turned … 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 … 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 … 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 … Read more