It shouldn't ! Any debt(s) solely in his name died with him. The only exception - would be if the card(s) were in joint names - in which case, the debt becomes your sole responsibility on his death.
responsibilties of using credit card
A prepaid credit card can be a good option for a small business as it can prevent falling into debt as the money is paid up front. It can come in handy for transactions that require a credit card and for those who have been decline for a credit card due to poor credit.
6.99% to 9.99% is what the lowest credit card interest that can be expected is. A card with such low interest can not be expected to come with very many perks.
"The GM credit card does have a good line of credit because it's for cars, and cars are pretty expensive. I guess you could also use it for emergencies."
Most business credit cards do come with a personal guarantee. There are, however, ways to get a business credit card that does not require a personal guarantee.
If the surviving spouse did not sign the credit card agreement then they are not responsible for it. However, the creditors could still come after the deceased spouse's estate (i.e. life insurance) for the balance of credit. You probably want to ask an estate attorney that question.
After a death an account goes into probate, Through probate the remainder of the dbet comes from the estate if there is not enough in the estate it will then come out of the CD
Yes, if you share assets then the credit companies will consider you responsible and come after you for the unpaid debt. You may consult a credit councelor, they may have a loophole that the general public doesn't know about.
Technically, the debt has to be resolved by the estate. And as the spouse gets the estate, they will be paying one way or another. And is many cases the spouse benefits from the debt, they can come after the money
A credit card account comes with a credit card, which can be used to authorize purchases of any value. The checking account does not come with a credit card and is used for issuing checks.
responsibilties of using credit card
Credit card fee will come under Opeating exp in incotme statement
Each credit card has its own rewards that you can get from them. I prefer the rewards that come with a new Visa.
Yes. You need to pay with your credit card in the PlaystationStore by just putting your credit card information.
A prepaid credit card can be a good option for a small business as it can prevent falling into debt as the money is paid up front. It can come in handy for transactions that require a credit card and for those who have been decline for a credit card due to poor credit.
6.99% to 9.99% is what the lowest credit card interest that can be expected is. A card with such low interest can not be expected to come with very many perks.
The creditors will write it off if there are no assets. They cannot come after anyone exept the person with the debt or their estate. If neither exists, they write it off.