What happens to my parent's credit card debt when they die?
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Studied at the University of Amsterdam, Lives in Amsterdam, Netherlands.
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.Aug 20, 2012
2023-06-10 09:34:47
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Oliver Evans
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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.Aug 20, 2012