$1400 mo income from Soc Sec. Care eats all income. My father moved in with me and I have POA. Unfortunately, his care requires use of his Soc Sec check to cover cost of his care. He can no longer afford to pay a credit card and loan payment he has had for quite a while. Lawyer recommended walking away from the debt. Not comfortable with this, but the reality is he has zero assets and only SS to cover his care. Can SS be attached should one of the banks sue him; or will they write off the debt after a period of time attempting collections? If he was aware of his inability to pay his debts, he would be crushed and I wish to prevent exposing him to this reality.
Does your Dad still use his credit card? I would cancel that card immediately, cut it up, and tell Dad he can only use cash from now on.