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If the deceased was the sole account holder the CC will need to file a claim against the deceased's estate with the probate court in the state of residency at the time of the person's death.
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∙ 12y ago
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If someone dies with 10K in credit card debt and has bank account does the credit card company get the money?
Yes, they are a creditor that can make a claim on your estate.
Who is responsible to pay a credit card if the person dies?
The person's estate pays for all outstanding debts.
Who is responsible for credit card debt when a person dies in West Virginia?
the deceased' inheiritance
If a person puts a house in life estate can a lien for credit card debt be put on a house after the person dies?
no
If a person dies can the credit card account still accrue interest?
No, it should not continue to accrue interest.
Who is responsible for credit card debt when a person dies in New York State?
If the person left a Will then Probating the Will will pay all debts the person has left behind and what is left in the Estate (is called 'residue) and this is what is left for the Heirs in the Will. If the person dies without a Will whatever they have is sold and debts paid off, but it's not up to next of kin (unless their name is on the credit card application) to pay the debt. Example: If a husband passes away and the husband and wife's name is on the Credit Card (it usually is) then the wife is responsible for the Credit Card debt.
What happens to credit card debt when a person dies in Florida?
It becomes part of the probate procedure of the deceased's estate.
Are you responsible for husbands credit cards if he dies?
im sure this is a no the person responcible should be the insurance company
Who is responsible for credit card debt if your spouse dies and the credit card is in his name only?
It all depends on what state you live in. Contact the credit card companies they can tell you
If a person dies in Florida leaving credit card debt and the home goes to the spouse is half of the home subject to probate and collection by the credit card companies?
no in the state of Florida the homestead is exempt from all creditors
Who is repsonsible to pay a credit card when the holder dies?
The estate, or any person who was listed on the account. The debt must always be settled.
Is a cosigner on a credit card responsible after the primary dies?
Yes.
