Credit and Debit Cards
Credit
If you're single and living in an apartment with several thousand dollars in credit card debt who is responsible for the debt after you die?
Answer
Wiki User
November 11, 2005 6:30PM
The estate of the single person who had the sole debts is responsible for repayment. Any assets that are not considered exempted under the laws of the state of residency will be used to pay the deceased's debts according to priority and to the extent of the funds available.
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