Back to Credit Cards
Monday, August 20, 2012 - 8:30 AM
After Death, Who Inherits Credit Card Debt?
After the death of a family member, many spouses, ex-spouses and even adult children find themselves with a surprise "inheritance" -- leftover credit card debt.
When someone dies, the estate pays credit card balances and other debts. If a person dies with more debts than assets to pay them, creditors can be out of luck -- and they often are.
But there are exceptions that could leave you on the hook for someone else's credit card balance after that person's death.
Read more
When someone dies, the estate pays credit card balances and other debts. If a person dies with more debts than assets to pay them, creditors can be out of luck -- and they often are.
But there are exceptions that could leave you on the hook for someone else's credit card balance after that person's death.
Read more
4

