If there a will of intent then that person assumes all debt and capital gains ... if there no will of intent is NO ones reasonable ... the person's assets can be sold off to settle that debt in an auction ...
Yes if the account if joint regardless if the actual card did not have their name on it.
An authorized user on a credit card can be responsible on an account in which the primary card holder passes. The creditor looks at the situation as the authorized card holder was able to make purchases with the account, and should be held liable, even in the event of the primary's death.
Sure, but to have the card and not use it does NOT improve your credit rating. If you amass too many credit cards - even if you never use a single one of them - it decreases your credit rating because you have "too much available credit potential".
A credit card number contains a single-digit major industry identifier (MII), a six-digit issuer identifier number (IIN), an account number and a single-digit checksum.
A consolidation credit card is a credit card someone will pick to use as their sole credit card for everyday expenses which typically has the lowest interest rate or the best benefits such as cash back or miles rewards programs. Also, if someone has other credit cards with higher interest rates, they can often transfer balances and "consolidate" them onto a single credit card with a lower interest rate, therefore lowering their monthly payment, costs and in essence, making the card a "consolidation credit card".
A single-purpose credit card is one that can be used in one store or chain of stores for one specific purpose. Examples: Cards issued by a department store such as J.C Penney or a gasoline company such as Citgo
It can be very difficult to get rid of debt entirely. For help, you can visit http://www.creditcarddebt.org/california.html for credit card debt reduction information.
I don't know that there really is a limit for an actual judgement. You've had the notice and there are no longer any surprises. Credit Card debt is considered an Open Line of Credit. The Statute of Limitations for collection in California is 4 years. That is from the last use or payment. My best advice is to consult an attorney in California.
One can apply for a Capital One credit card in the state of California in the United States at any Capital One bank in the state. One can also apply for a Capital One credit card online.
Yes...PLS check the status of limitations in California. Each states may vary.
You should tip 20% for good service, which would be $12. And if you're paying by credit card, you should really tip 25%, which would be $15. Taxi drivers have to pay a fee for every single credit card charge, which cuts into their tips significantly, especially with small fares. This is also why many take-out restaurants, delis and bodegas have a minimum purchase for credit card charges (usually $10 or $15), because it's just not worth it for them to accept a credit card for a $5 purchase. But taxi drivers aren't allowed to have credit card minimums, although some of them still refuse to accept a credit card sometimes, even though by law they have to. Before credit card machines became installed in every single taxi, and accepting credit card purchases became mandatory (around late 2007 or early 2008) there was a period (the late 1990s to early 2000s) when they were only installed in some taxis, which was followed by an intermediary period where there were no credit card machines in any taxis. During the period when they were only installed in some taxis, and accepting credit card purchases was only voluntary, literally almost every single cab driver who had one would refuse to let you pay by credit card. They would tell you it was broken. It was always broken. Somehow, every single credit card machine in every single taxi was broken. But when you said to the cab driver, "Hey, look, I know your machine isn't really broken. I know you have to pay a fee for every credit card purchase, so if you just let me pay by credit card, I promise I'll give you a really big tip?" And all of a sudden, like magic, the credit card machine wasn't broken anymore.
California is a community property state, therefore if there is a surviving spouse he or she is responsible for all outstanding debt including credit card accounts even if the decedent was a sole account holder. If there is not a surviving spouse the credit card debt will become a part of the probate procedure and will be handled according to the state laws of distribution of an estate.