My question involves bankruptcy in the state of: Calif. I am my mother's caregiver, have Power of Attorney over her health and financials. We share ownership of a mobile home and I do have a homestead exemption on it. I have major credit card debt and my income for paying bills comes from my IRA, my mother's Social Security and pension. I have not worked for 6 years, since becoming her caregiver. How will my Power of Attorney affect my filing for bankruptcy. Since I do have access to her accounts and use them to pay the bills (rent, food, insurance for her and my cards....), will I have to report her income too? I've been drawing down my IRA to pay for the credit cards, but may not be able to continue this. I have been limiting my use of them and have cut most of my expenses. I've had to use the cards to pay some expenses...food, auto and home insurance, phone, internet service....
How will all of this figure into filing for bankruptcy. If I file, I would file Chapter 7. One of my cards is also with the financial firm I use for my IRA. How will that impact it?
Johnb123

