Can a person with a general power of attorney conduct someone's business affairs? |
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Answer
Yes. You may contact creditors and inform them of the situation. This will not keep them from intitiating collection action or reporting to credit agencies. Having a power of attorney does not make the person financially obligated. In some (not all) states a power of attorney grants legal authority to file bankruptcy or other actions on behalf of the debtor.
First answer by Nikki. Last edit by Nikki. Question popularity: 30 [recommend question]
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