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The use of such an instrument is illegal and could result in criminal and civil penalties, of stealing by deceit, fraud, etc.
Wiki User
∙ 15y ago
Wiki User
∙ 13y agoCredit cards will be the responsibility of the estate to pay. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
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In English Law What happens to credit card debt after the death of The card holder?
The Debt goes to be paid by his estate, if there is no money to pay the debt it just bad luck for the credit card company.
What happens to credit card debt after the death of card holder?
This would depend upon the nature of the card holders' estate, whether they had a will, and the laws of their state of residence.
Would my mother's children be liable for any credit card debt she had at the time of her death?
Your mother's estate is responsible for her credit card debt.
Who is responsible for your credit card debt after your death in Ontario?
I live in California, and my grandmother passed away and I contacted the credit card companies, told them she died, sent a death certificate, and they took care of the debt.
What happens when a credit card debt goes to litigation?
A credit card debt will be granted a judgment possibly and then the company can pursue you to collect the debt. A garnishment could even be awarded, although this is rare on unsecured debt.
What happens if unsecured credit card debt is not paid?
It goes on the credit reports as a delinquencyAnswer:If you don't pay your credit card debt then to your creditor may take you to civil court and can get a judgment to hold your property. There are other penalty as well if you dont pay your credit card debt.
What happens if there is a judgment against you for credit card debt in Louisiana?
court government
If my husband dies and leaves credit card debt and our childrens parent plus loan debt am I responsible for assuming the debt in PA?
not if you have death insurance on the loan and credit cards
I am in Oregon my Dad has died I am 23 and do not know what to do about his credit card debt Am I responsible I am in Oregon.?
AnswerNo, you need to send a copy of the death certificate to the credit card company. You are not responsible for your father's debt.
When someone goes to prison what happens to his credit card debt?
The individual would still be responsible for their credit card debt, but their ability to make payments may be impacted while in prison. The debt will not disappear, and the credit card company may pursue collection efforts or legal action to recover the debt.
What happens to unpaid expired credit card?
Only the card expires, not the line of credit it is attached to. So interest will still accrue on the unpaid debt.
What is the difference between a debt card and a credit card?
The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.
