Ask the Experts Recourse Against In Debt Daughter AARP Bulletin

Ask the Experts Recourse Against In Debt Daughter AARP Bulletin

Ask the Experts: Recourse Against In-Debt Daughter - AARP Bulletin

Recourse Against In-Debt Daughter

Q. A few years ago, we took out a $35,000 home equity loan to help our daughter get out of debt. She signed a contract and agreed to pay us $300 per month. She has never made one payment. Do we have any legal recourse? A. You can sue your daughter for breach of contract. As with any lawsuit, though, the problem may not be in getting a court judgment against her, but in collecting. You may need to garnish her wages or her bank account. A legal services attorney can help explain what you need to do, or there may be an elder law hotline in your state that can walk you through the necessary steps. Source: Jean Setzfand, AARP Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

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