The CCC might "ask". However, in the situation you describe, the family would not be legally bound to pay the decedent's bills.
Yes, they are a creditor that can make a claim on your estate.
You can't MAKE a credit card company reopen an account. You can call the credit bureau and request that they change the status to indicate that is was closed by you and not the credit grantor. Or, you can simply put a notation in your credit report stating that the account was closed by you and not the card company.
credit
It happens and can be disputed. Call you credit card company or credit agencies.
If an account has a credit balance the customer must have overpaid on their account or a credit was issued by the company and posted to the customers account, resulting in a credit or negative balance.
No, a credit card company will not reopen a charged off account. They may choose to grant you a new line of credit, but this would be rare.
form_title=Merchant Credit Accounts form_header=Get help with transactions from a Merchant Credit Account. Is there someone in your company that handles your merchant credit accounts?= () Yes () No () Not Sure What field of business is your company in?=_ Will you do any business online?= () Yes () No () Not Sure How much do you anticipate processing?=_
Credit report?
Debit account
When often another company buys a credit card company, they have purchased your account. Most often, it is business as usual, and payments are directed to the new owner of the account.
Accounts Receivable is an account that holds what a person or company owes your business. For example you sold a computer to a customer on credit, this credit is listed in an Accounts Receivable and is an asset.Asset accounts maintain a Debit Balance, meaning that a debit to the account will increase the account (in other words increase the amount the customer owes the company).A credit to the account will decrease the balance of that account (in other words, it records payment or credit to that customers account and decreases the amount the customer owes the company).
No, you can not give credit that you have to someone else. You can loan someone money or your credit card, but you are still responsible for paying the credit card company back.