Timeline for answer to Should I cash out my Roth IRA to pay my mother's property tax debt, to avoid foreclosure on her home? by cmm
Current License: CC BY-SA 4.0
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| Jun 21, 2018 at 16:16 | comment | added | cmm | I see that this is belated. I should check the dates on questions. I often answer questions of years past. OTOH, since the purpose of this group is both to answer the question for the OP, and to build a repository of answers, an answer to a stale question is not without purpose. I agree that medical expenses can bankrupt you. I don't know the timing of the HELOC -- it could have been solely for medical treatment, but the years of unpaid taxes predate the cancer treatment, and suggest a structural problem. | |
| Jun 21, 2018 at 15:10 | comment | added | Brian | Good answer, if a bit belated. Medical expenses can bankrupt you, but the HELOC mentioned in the question hints at ongoing expenses being too high. | |
| Jun 21, 2018 at 14:28 | history | answered | cmm | CC BY-SA 4.0 |