Submitted by Open_Expression_4107 t3_yj7018 in personalfinance
Posting for a friend. Her husband died Sunday night taking out the garbage, just dropped dead.
Her husband kept her in the dark on finances. No access to bank accounts. No knowledge of insurance, 401ks etc. But expect there is nothing there because he was irresponsible with money and not the sharpest tool. So, no money. She is full time mother, she does not work, and can't afford day care for 5 if she did work.
She has 5 children ranging from 3 to 17. 3 of the kids are special needs.
They are renters not owners.
Landlord has given 6 month notice because he no longer wants to rent out his property.
There will be hospital debt since they took him to the hospital to try to revive him. No health insurance.
We don't know what other debt is out there and how it should be handled.
Need ideas
A big one was her husband just traded in his almost paid off mini van for a new payment on a new jeep. ...without consent of his wife. The jeep doesn't even fit the kids. Is there any path to reverse that car deal? Get her out from under that payment?
Edit: he was employed as a assistant manager at a bowling alley.
Edit. Resides in illinois