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How does credit card debt affect assisted living?

Our mom needs to be in assisted living, but has $20,000 in credit card debt.
Status: Open    Feb 01, 2016 - 07:30 AM


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Expert Answers

Feb 02, 2016 - 09:46 AM

As long as Mom can pay for assisted living she’s fine. If she doesn’t pay her credit card debt, they’ll try to collect from her. Mom may be able to enter assisted living as long as she is currently able to pay.

Feb 02, 2016 - 10:10 AM

I agree with Marie. You would just want to make sure that there are enough assets/income to sustain the monthly payments and other expenses.
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