Host: Nancy May , Author How to Survive 911 Medical Emergencies, Step-by-Step Before, During, After! Expert in managing the path of step-by-step caring for an aging parent or family member, even from over 1200 miles away, or ...
Host: Nancy May, Author How to Survive 911 Medical Emergencies, Step-by-Step Before, During, After! Expert in managing the path of step-by-step caring for an aging parent or family member, even from over 1200 miles away, or more. For a Free File-of-Life to www.howtosurvive911.com. Nancy is also the Co-Founder of CareManity LLC, and the private FaceBook group, Eldercare Success.
Guest: Shawn Yesner, Esq. has over 20 years of bankruptcy and real estate experience. He built his firm, Yesner Law to help homeowner, borrowers, consumers and real estate investors buy, sell, protect and preserve the single greatest asset someone will own in his or her lifetime – their home. Shawn and his colleagues are experienced in handling chapter 7 and 13 bankruptcy, debt alternatives and other various real estate matters. He says “you do not have to keep living with so much financial stress. Shawn and his firm will help you get back to stability.”
Shawn is also the host of the Crushing Debt Podcast, and author of the book Crushing Debt: 9 Strategies to Eliminate Financial Bullies.
Show Overview: More and more people, old and young alike, are considering bankruptcy because of extraordinary and unexpected medical bills. After working hard all their lives, it’s tough for our parents and loved ones to consider such drastic measures because they can’t afford to pay their doctors or the hospital.
After years of working hard, providing for families, unexpected medical situations can arise, and the fear of not being able stay financially afloat is frightening. This happens more often than many of us realize. As for our aging parents, some might be afraid or even embarrassed to bring their financial concerns to their adult kids. Sometimes financial difficulties don’t have to do just with medical bills. Memory declines, and depression can lead to ignored bills piling up on tables. Or, excessive and extravagant purchases help feed or self-sooth the heart and ego can become fairly common.
What happens when the creditors start calling? What happens when you’ve signed documents for loved ones without knowing you have assumed legal and financial responsibility for those expenses totaling in the thousands, even hundreds of thousands of dollars!?
Bankruptcy for our older family members is trending higher here in the U.S. However, in many cases there are ways to avoid these difficult dilemmas. Understanding how to address such situations before they grow worse is one tactic.
Listen in Shawn Yesner, Esq. and I discuss some of these difficult situations and solutions to get you back on a better road.
Disclaimer: The views, perspectives, and opinions expressed in this show are those of the show guest and not directly those of the companies they serve or that of the host or the producer CareManity, LLC. Information discussed should not be taken as medical, legal, or financial advice. Please seek the advice or you own personal medical, legal or financial advisors as each person’s situation is different. (c) Copyright 2021 CareManity, LLC all rights reserved. CareManity is a trademark of CareManity, LLC.