Legal Question in Credit and Debt Law in California
Ederly parents in too much debt and are no longer in the U.S.
My parent in-laws are in their upper 80''s and very poor health. They have about 70 thousand dollars in credit card debt.They have no assets and the only income that they have is their SSI and Retirement.They are no longer in the U.S and have no intentions of ever returning here because of their health they can not travel.Can any of their creditors stop their SSI or Retirement since they can no longer pay them?
2 Answers from Attorneys
Re: Ederly parents in too much debt and are no longer in the U.S.
In most cases retirement benefits are exempt from collection. However, depending on how energetic the creditor is, there is the remote possibility that they could get a judgment against your parents and try to execute it in whatever country they are currently in. However, it is then my experience with credit card companies that the number of people in debt to them represent such a large volume of work that I think it is doubtful that will go to that extent.
Re: Ederly parents in too much debt and are no longer in the U.S.
Your parents may also consider filing a bankruptcy to avoid the collection calls, etc. They should speak with a local bankruptcy professional or call my office (818) 992-69588 for a free consultation. Good luck.
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