The deceased's estate is going to be responsible. The spouse can be held as a beneficiary of the costs and by inheriting less from the estate.
The Debt goes to be paid by his estate, if there is no money to pay the debt it just bad luck for the credit card company.
If the card is in his name, only, there may be an out. You will need to get legal help.
A credit card debt will be granted a judgment possibly and then the company can pursue you to collect the debt. A garnishment could even be awarded, although this is rare on unsecured debt.
It goes on the credit reports as a delinquencyAnswer:If you don't pay your credit card debt then to your creditor may take you to civil court and can get a judgment to hold your property. There are other penalty as well if you dont pay your credit card debt.
I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?
There were no credit cards in 1900, hence no credit card debt.
The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.
A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.
The person's credit card debt will remain as unpaid unless they pay it. Going to prison does not cancel any type of debts incurred.
Only the card expires, not the line of credit it is attached to. So interest will still accrue on the unpaid debt.
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.