Our expert says:
Whose money was it she wasted so horribly ? It hardly sounds as though she could, being so ill and young, have earned enough of her own money to have so much to squander. But if it was your money, how on earth was she ever allowed to spend a cent of any of your money at all ? To the extent that you assist her, you must of course always remain utterly in charge of all money decisions and spending. How could you have allowed her to spend your money, and to place YOU in debt ? This absolutely has to stop, now and forever.
Bipolar Disorder includes depressions in which suicide is a possibility, and manic "High" phases where that is also a more unexpected possibility, and the making of really stupid decisions is common.
But without your specific consent, and signed documents allowing her to do so, she CAN'T spend any of your money - and if she has been faking your signatures and permissions, that's criminal fraud, and should be investigated by the police.
Her serious mental state could be taken into account and she would probably be required to get proper treatment at a state hospital, rather than a prison sentence ; and when the creiditors recognize that this was both fraud and due to a serious mental illness, they may be prepared to consider overlooking the debts, or at least being very lenient in expecting any repayment.
They should not expect you and her father to cover all her foolish debts - but ensure she has no ability whatever to spend from your accounts, or that could be considered contributory negligence on your sides.
I cant keep track of where there are support groups, but have you checked with the Depression / Anxiety Support Group which is national and has branches in many areas ? ( number on this page ).
And ensure that she is treated, preferably in state facilities, properly for her condition - it is utterly unacceptable to leave this untreated or only amateurishly or partially treated
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