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[quote=Anonymous]What would you do if your IL is dependent on you financially to avoid foreclosure, has low six-figures in equity in their home, but will not sell? Unmarried 79yo IL informed us in mid-2022 that they ran up 50k+ in credit card debt. Last year, we learned they were in pre-foreclosure and spouse (only child) agreed to cover mortgage. IL also filed for Ch 13 last year, which is now active. IL’s only income is SS, about the same amount as their mortgage. They have about 300k in equity and plan to either get a job or rent a room for additional income. There is 70k left on house. IL is in FL; we are in DMV. Thank you!! [/quote]
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