No. of Recommendations: 3

You wrote, $800 in living (housing/food /utility) expenses - have since discovered that this does not cover insurance (automobile), car fuel/repair expenses, health insurance...

Squeezing in food is impressive, though not impossible. The rest doesn't surprise me. But if she threw out a figure of $800/month, either she didn't really have a handle on her expenses or she was trying to down-play them - something that's not usually advisable because it can just lead to further questions.

Also, Florida

Hum. You do know that Florida is considered a "dead-beat haven", yes? The laws are similar to Texas. It's almost impossible to collect on an unsecured debt from a resident of Florida (that has few real, un-sheltered assets) if they just walk away from the debt.

Anyway, just an observation. In theory M could probably just walk away from either the house or the credit card debt or both. Not terribly ethical of course. But then it's not all that much different from filing BK - just cheaper. Unless you consider the creditor harassment to be expensive, of course. And if she does have anything sheltered, her creditors will get theirs from the estate when she eventually passes away as their claims will be superior to her heirs...

Just some thoughts...
- Joel
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