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 for your advice. -- STRUGGLING SISTERS
DEAR STRUGGLING: You and your sister the attorney should go to your mother and stepdad and tell them the cat's out of the bag. They may need help extricating themselves from the company they have been promoting. Many people have been caught up in shady direct sales schemes and wound up with garages filled with product they couldn't sell. Whether your mother and stepdad are victims or perpetrators remains to be seen.