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Just discovered my elderly parents have at least 165k in debt
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While my dad has been in hospital I have had to go through their bills. I discovered 165k (Canadian) in debt so far - lines of credit. Mom has early dementia and dad clearly cannot manage their finances. I have enduring power of attorney and will start making appointments with the banks and creditors. Where should I start? They own their home although I suspect there is a mortgage. I have no idea what they have spent their money on!!!
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