It is still bad credit history.
Just because your name has changed doesn't mean that you don't have to pay credit card debts. They are still your debts to pay.
Bankruptcy cover credit card bills. Bankruptcy can also cover outstanding debts from doctors, utility bills, and bank loans, as well.
My husband has termial cancer and I was wondering when he passes will I be responible for any credit card debts he has and any of his medical bills? We live in the state of Ohio.
Only if they guaranteed the bills or debts. The estate needs to be set up to handle the debts. If there are no assets in the estate, it can close the debts.
A person's credit rating can be improved by paying off old bad debts or unpaid bills that may be affecting your credit rating. Some companies will give people with poor credit a credit card to clear all old debts and consolidate their debts into one payment.
Many different types of debts qualify for consolidation, including credit card debt, store card debt, personal loan debt, utility bills, and so forth.
One can pay credit card bills online by consulting with the website of their credit card company. Many companies offer an option to pay credit card bills online.
The estate of the deceased is responsible for resolving the debts left behind. This is the reason that an estate is a good idea, it provides a means to settle the debts.
In Illinois, adult children are generally not responsible for their deceased parents' credit card bills unless they were joint account holders or co-signers on the accounts. The deceased's estate is responsible for settling any debts, including credit card bills, before any assets are distributed to heirs. If the estate lacks sufficient funds, the debts may go unpaid, and creditors typically cannot pursue the adult children for those debts. It’s advisable for adult children to consult with a probate attorney for guidance specific to their situation.
Credit card consolidation works by putting all the debts from your credit card into one debt. This makes it easier to keep track of your debts and can often give a lower interest rate than having different debts for different cards.
No. They cannot sue you just because you are 65 years old or older. Yes - They can sue you, if you owe them money
Having a credit card balance of zero on a credit card is a good thing. It means one has no debts to the credit card company, which also means that no additional interests will be charged. If one either has not used a credit card or has paid all open debts and interests, they would have a credit card balance of zero.