Why Mom & Dad Shouldn't Worry about Debt... or Debt Collectors!

Do you worry about your Mom or Dad's debt? No sweat! Are they being harassed by debt collectors? Don't worry! If your financially struggling parents owe money to a credit card company, hospital, or other creditor, they may be totally protected from debt... as well as debt collectors!
If you, Mom, or Dad, are struggling with money issues and in debt, Attorney Eric Olsen will explain why you shouldn't worry, even if you owe big credit card bills. The founder of the HELPS Nonprofit Law Firm reveals how seniors' income and bank accounts are protected, and how they may not have to pay off debt they owe if they need to spend the money on more necessary things, like food and medicine.

Jeff Hoyt is SeniorLiving.org’s Editor-in-Chief.

For all of Eric's tips on why many seniors are protected from debt, watch https://youtu.be/FDlyud-vG90

His advice for Adults to Help their Financially Struggling Parents can be found at https://www.youtube.com/watch?v=qbs8-TwnTPs

For the best way poor seniors can avoid paying taxes, watch
https://www.youtube.com/watch?v=2As-tUHMlPk

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For more tips for seniors: https://www.seniorliving.org/

If you're interested in joining the hundreds of thousands of families who've found senior living communities on SeniorLiving.org, read the reviews on our website: https://www.seniorliving.org/housing/

To contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org.

Видео Why Mom & Dad Shouldn't Worry about Debt... or Debt Collectors! канала SeniorLiving.Org