Anyone here familiar with this procedure? My parents are in such debt. They will never be able to pay off their creditors. Right now they have 7 collection agencies that they are paying. Mom is in low income housing (it's nice) and Dad is in a nursing home. All they have is their SS and not a pot to pee in. (Well, there is the one at the house.)
As things are going, Dad will probably pass away before Mom (they are 76 & 74) and every bit of their income is spent each month. There will be even less later. Just trying to think of something to relieve her stress.