This is in Orange County, California. Father had a stroke, and has been hospitalized for the past week. We’ve basically settled the situation with his employer and had him effectively quit, since he’s bed ridden and realistically can’t work ever again.
However, we recently discovered he has $10k due in credit card debt that’s due in 5 days. He has no money, since he only just started the job, and had nothing in stocks. The only asset we have is a house, but that’s under my mom’s name, not the father.
I guess the main question is: Is the family expected to pay off his debt? Do we just let the debt default? Can the banks do anything to the family of this happens?
