V
vidbug
Guest
In ILL. My parents had a home equity loan, only making interest payments for years. Now my father has passed away and mother can not afford to live there. Should she file for bk. or let the bank forclose. The house is not worth any where close to what the loan is for. She also has medical bill (some may be dismissed on charity), because my mom is only getting S.S. ($1025) per month. Also, my dad had some life insurance, will the bank or creditors be able to seize that?