Legal Question in Bankruptcy in Michigan

Re: filing bankrupcy for my grandmother

I'm thinking about filing bankruptcy for my grandmother. I took over POT for her a little over a yr ago. At that time she had 40,000 in collections. She has 8,000 in a checking account plus her little S.S (781.00) that she gets monthly. If we did a bankruptcy will anyone take the 8,000 she does have to live on? She lives in senior apts and has no other assets.


Asked on 9/17/08, 1:37 pm

2 Answers from Attorneys
Jerrold Bartholomew Priority Elder Law and Estate Planning, PLC

Re: Re: filing bankrupcy for my grandmother

She should be fine to keep what she has and receive a discharge of the debt. The only issue would be whether she continued to accrue debt knowing that she couldn't pay.

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Answered on 9/17/08, 5:10 pm
Lesley Hoenig Lesley A. Hoenig, Attorney at Law

Re: Re: filing bankrupcy for my grandmother

If she has no other property (including household items) that needs to be claimed exempt, the money in her checking account should be okay. I would be happy to speak with you about helping her file bankruptcy and answer any questions you may have.

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Answered on 9/17/08, 5:58 pm


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