death  legal


Question by  worker2663 (22)

How does death affect credit card payments?

My mother left a lot of credit card bills.


Answer by  patti (29325)

The creditors will need proof of her passing in order to stop collection efforts. The executor of her estate will disburse assets (if there are any) to take care of the indebtedness. If there are no assets, the debts will be written off.


Answer by  JeffD (238)

Creditors, such as credit card companies, are paid out of the estate prior to any distribution to the heirs. What's left can be divided among the heirs.


Answer by  Ilsieh83 (248)

When the owner of the credit card dies, the estate of the owner is responsible for paying off the balance. The estate can go through probate. In that case the administrator or executor of the owner of the credit card will look at the owners assets, will and debts. No money? No balance will be paid.


Answer by  withluck (1745)

Assets are general sold to pay off any outstanding debt. There is a lot of other factors that can come in to play here, like a will or assets exceeding the amount owed or bank accounts that could pay off the debt.


Answer by  tamarawilhite (17883)

Her estate, any assets she had such as a house or car as well as money she had, must be sold to pay for her debts.

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