How can we unearth all their obligations and start reducing them?
My father passed away and as a result of that my mother and I discovered how bad their finances really were. My mother has had a lot of medical problems over the years and as a result of that she is on disability. My father was employed with a company where he was salaried and he was the one that was contributing the bulk of the money to the household seeing as how my mothers social security check was only $982 a month.
My father over the last few years had been battling a lot of medical problems and as a result he was in and out of the hospital and skilled nursing homes. Because my father was salaried he was still collecting a check from his employer but it was only a fraction of what he would have been getting if he was actually working full time. As a result of not getting his full pay from work he started to ignore the bills that were coming in and he paid the bills that he needed to so that our family could survive. My mother was not really aware of the fact that my dad had gone through all the savings and that he was so behind on all of the finances so this has been a huge blow to her especially when we are trying to come to terms with his death.
We have been able to go through a lot of the paperwork and have been able to get a lot of my dads debt immediately discharged because his estate is insolvent but we don’t know where to begin with my mother. We have discovered that some of the bills have been sent to collections while some of them are still being held by various doctors offices. Overall we have a very incomplete picture of what she actually owes and we don’t know where to begin to find out all of her bills. We are also running into problems with the fact that some of the doctors said that she could qualify for reduced payments of the bills but she has to send in pay stubs for 3 months prior to the date of service along with the income of other members of her household. This is a huge problem for us because during some of these dates my father was collecting a full paycheck but that really doesn’t matter now because my mother barley has enough money to cover her bills with her social security disability check and my fathers survivor benefits.