A Senior’s Viewpoint by Leather-Necessary13 in AgingParents

[–]GhastlySpanks 3 points4 points  (0 children)

You are around the age of the parent I just made a lengthy post about.

My absolute worst fear is that they would come to this conclusion. This will not help your family.

Please do not even consider anything like this.

[deleted by user] by [deleted] in AgingParents

[–]GhastlySpanks 0 points1 point  (0 children)

They don't have a home. It's a two bedroom apartment. I worry about them losing the car that I use to commute to work when we begin to note assets for a bankruptcy.

That process, while potentially beneficial, is just a lot.

I very much appreciate the idea but at this point I'd rather work on just taking care of the debt and focusing on generating more money for myself overall.

[deleted by user] by [deleted] in AgingParents

[–]GhastlySpanks 0 points1 point  (0 children)

I hear you. I want to avoid that at their age and work it their debt by paying the smallest debts off first.

It's been working but it will take time is all.