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Reverse Mortgage Solutions

Deborah Said:

Is this the solution for seniors who are lonely, broke and unable to pay their taxes? Have them work to pay?

We Answered:

I think it was Cromwell from England who said tongue in cheek, when people complained about too many Irish children. He said eat them.

Here, let's just euthanize them and give their assets to the government. Hitler got away with it. He picked on the Jews, confiscated their assets, then eliminated them.

We just don't seem to care about people. A society is judged by how they treat their weakest and most vulnerable citizens.

SAD!

Tanya Said:

My husband earns less than me – and I hate it!!?

We Answered:

Yup i have Advise for you Congrats , that you become Manger thing in Finance company and you huby would Awesome Teacher lets come to your Problem , why do you take things on Mortage ? even they get expensive and i am Muslim , for me its illegal to , secondly what do you think what the money is ? is it yours ? No its Just ALLAH (God) mercy over you its Belongs to him everything you have and everyone have , its not belongs to us he would reward to anyone anything , so just not complaining about the money , and yea Allah (God) Promised over something weather you pray or not , you never be slept without eaten up , so don't worry about it , but if you have money instead of paying in extra mortage try to wait up gather the money all in one place and then pay for it .. you will have that in cheap amount to then . in my Country i don't remember my Dad ever bought anything or Mortage or my Dad , or me ? or anyone , even Mortage Facility available , but we just used to gather money save every penny and , buy that thing simple

Ron Said:

Is Filing For Bankruptcy In Retirement A Good Thing?

We Answered:

Filing for bankruptcy would not include long term care since you have to pay monthly for assisted living or nursing care. You are correct that those are out of pocket costs unless you are on Medicaid.

What is the reason you are filing for bankruptcy? If it is credit cards and you are not planning to buy anything, I would agree, if your debts are substantial enough like $10,000, to make it worth the loss of credit. Since you wont be able to get credit afterward, you should think carefully. What credit you can get will be at exhorbitant costs. If you dont have a job you wont be able to do some things like rent a car, rent an apartment, reserve a hotel room without credit cards.

Medical out of pocket for those who dont have Medigap can be substantial, it is 20% or more of the medical bills.

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