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Can life insurance benefits be seized to pay credit card debts of the deceased?

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βˆ™ 2006-07-30 17:16:56

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Creditors can attach any assets of the deceased to make sure they are paid. If the debt is legitimate, the estate is obligated to pay. Credit card debts are among the most easily documented debts so it's doubtful that you can prove that the debt is not legitimate. * If the policy names a beneficiary the death benefits are not subject to probate procedures nor can they be attached by creditors for debts owed by the deceased.

2006-07-30 17:16:56
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