flu, they (husband and wife) are mid-50’s. Their equity estimate is actually higher, I believe $300,000 is accurate.
Russell, they both have medical conditions, cannot get medical insurance. They have depleted their IRA’s and pensions down to nothing, they can no longer pay the medical bills, and they are considering bankruptcy, but really don’t want to (they don’t feel it is right ethically). If they were able to pay off the $75,000 of medical bills, they would probably be OK (the monthly payments are quite high).
