Florida  |  Credit and Debt Law

Legal Question

Asked on: 8/08/13, 6:44 pm

My mother has approx. $4,000 in medical debt.....she was told that insurance would cover it all, but it did not.She was never told this nor was she ever informed as to the amount of possible financial responsibility. she is 92 years old and only has income from social security and pensions.....she owns no real property and lives in an assisted living facility. We have several investment accounts which are joint accounts and included in a trust agreement. She cannot afford to pay this debt...are there any assets that can be taken from her?(specifically the joint investment accounts). She needs the money in the account should she have to be put into a nursing home. I am joint on the accounts and hold power of attorney,

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