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After Death, Who Inherits Credit Card Debt?

Monday, August 20, 2012 - 8:30 AM
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.

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pearlbrownpearlbrown1,436 posts since
Nov 2, 2010
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