[WSBAPT] Credit Card Solutions

[Jane Bitz]

Note that the Petition can ask for more than $125,000 in the right
circumstances. The Court is supposed to consider the long term finances of
the surviving spouse. The statute has several factors for the court to
consider. I have had success with an Order that awards all of the equity
in the home and all of the liquid assets as of the date of death. Usually
there is a reduction in household income with the death that I point out
plus any continuing costs like house payments, etc. that are not reduced
because of the death.

 

From: wsbapt-owner at lists.wsbarppt.com
[mailto:wsbapt-owner at lists.wsbarppt.com] On Behalf Of Richard Wills
Sent: Monday, August 11, 2014 11:37 AM
To: wsbapt at lists.wsbarppt.com
Subject: Re: [WSBAPT] Credit Card Solutions

 

A Petition for Family Award should wipe out all unsecured claims to the
extent that what the SS receives resulting from D's death doesn't exceed
$125,000.




On 8/11/2014 11:05 AM, Roger Hawkes wrote:

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