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[email protected] September 18th 07 10:12 PM

New Single Parent Needs Advice
 
Hello,

My name is Kathy and I am a 20 year old female from NJ. Due to a
recent tragedy, I am now the sole guardian of my 10 year old sister.
I am not sure what I am doing or even how to find support to not lose
the house or how to raise someone.

Any advice or help would be appreciated!

Kathy



Jeff September 19th 07 01:59 AM

New Single Parent Needs Advice
 
wrote:
Hello,

My name is Kathy and I am a 20 year old female from NJ. Due to a
recent tragedy, I am now the sole guardian of my 10 year old sister.
I am not sure what I am doing or even how to find support to not lose
the house or how to raise someone.

Any advice or help would be appreciated!

Kathy


You must have a legal aid society or some such group of lawyers who are
able to give you advice. You definitely need help figuring out the
finances. You also need also need the advice of a financial planner and
possibly a social worker to help you gain the parenting skills you need.
You might also talk to your sister's school. You should also talk with
your sister's pediatrician. The office may be able to hook you up with
social workers, parenting classes, etc. And you need to watch out for
both your and your sister's mental health, too. You can talk to the
school about counseling for your sister. You might also get excellent
support if you join a church or other congregation, especially one that
your sister is already a part of.

Jeff

Beliavsky September 19th 07 01:53 PM

New Single Parent Needs Advice
 
On Sep 18, 5:12 pm, wrote:
Hello,

My name is Kathy and I am a 20 year old female from NJ. Due to a
recent tragedy, I am now the sole guardian of my 10 year old sister.


I am sorry to hear that and wish you luck.

I am not sure what I am doing or even how to find support to not lose
the house or how to raise someone.


Excuse me for being blunt, but if you don't have the income or assets
to pay the mortgage, you are going to lose the house. Finding rental
housing for two people should not be that difficult, but I hope you
have an older friend or family member who knows what is involved in
selling a house. It's better to sell the house if you have any equity
than to wait for the bank to foreclose, which will ruin your credit
rating. A better newsgroup than this one for financial questions is
misc.invest.financial-plan .


Banty September 19th 07 02:21 PM

New Single Parent Needs Advice
 
In article .com, Beliavsky
says...

On Sep 18, 5:12 pm, wrote:
Hello,

My name is Kathy and I am a 20 year old female from NJ. Due to a
recent tragedy, I am now the sole guardian of my 10 year old sister.


I am sorry to hear that and wish you luck.

I am not sure what I am doing or even how to find support to not lose
the house or how to raise someone.


Excuse me for being blunt, but if you don't have the income or assets
to pay the mortgage, you are going to lose the house. Finding rental
housing for two people should not be that difficult, but I hope you
have an older friend or family member who knows what is involved in
selling a house. It's better to sell the house if you have any equity
than to wait for the bank to foreclose, which will ruin your credit
rating. A better newsgroup than this one for financial questions is
misc.invest.financial-plan .



Whoa whoa whoa. "Lose the house". Not necessarily.

Very likely, provision has been made by their parent(s). As for financial
matters, her first resource is the executor of the will in question.

Banty



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