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filial responsibility

Mom (or Dad) Died With Credit Card Debt. You Probably Don’t Owe It — Here’s Exactly Why

by Steve Rhode

If your parent died with credit card debt, you almost certainly don’t owe it. Here’s exactly who is liable, who isn’t, and what to say when collectors call.

Paying Off Someone Else’s Debt Put Me in Debt: The Trap Nobody Warns You About

by Steve Rhode

50% of parents give $1,474/month to adult children — more than they save for retirement. When helping becomes enabling, both parties lose.

The Sandwich Generation Debt Crisis: $295,000 Lost and Nobody Talking About It

by Steve Rhode

23% of American adults are caught between supporting aging parents and raising children. The Urban Institute calculates the lifetime cost at $295,000. A debt expert since 1994 explains why standard advice fails — and what actually works.

Am I Responsible for Supporting My Broke Parents Financially?

by Steve Rhode

No law requires adult children to financially support broke parents in most circumstances. But the emotional pressure is real. Here’s the honest answer on legal obligation, enabling, and how to actually help.

Your Parent Gave You Power of Attorney Over Their Finances. Now What?

by Research Department

Your aging parent gave you power of attorney. Now what? The practical, emotional, and legal reality — from 30 years of watching this play out.

Steve Rhode

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Get Out of Debt Guy Podcast - Steve Rhode

Get Out of Debt Guy Podcasts

  • Credit Card Debt, Hospital Bills & the “Just Get a Loan” Trap
  • Look Broke for a Year or Stay Broke for 10? The Credit Card Debt Trap
  • Budgets Suck: Debt Traps, Emergency Savings, and Keeping Up Appearances
  • Are You Helping Your Kids—or Hurting Your Retirement? – The Money Choices That Cost Millions
  • Should Adult Kids Pay Rent—or Are You Sacrificing Your Retirement?

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Think of this as me — just in AI form. I've walked in your shoes. I filed bankruptcy myself in 1990, and in over 30 years of experience I haven't seen a situation that can't be worked through or a person who deserves judgment. Everything here is built on that experience, that research, and genuine care for you. I can't be there in person. But I can be here.

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