DEAR ABBY: My sister and I recently found out (through the internet) that my mother and stepfather have filed for Chapter 7 bankruptcy. A few months ago, Mom approached my sister (who’s an attorney) asking about the effects of bankruptcy “for a friend.”
My sister and I are now struggling with this information because my mom and stepdad promote a direct sales business where they advertise their multiple cars and lavish lifestyle as a result of the business profits. Should we let them know that we know about the bankruptcy and, if so, how should we handle this situation? Thanks ...
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