If the estate has any assets, the estate should pay for the debt before anything is passed on to the heirs. If there are no assets the credit card company will just have to write it off. You are not held responsible unless you co-signed for the card.
The estate is responsible for the decedent's credit card debt.
Bank's Insurance company
no
Yes!
Yup.
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.
the deceased' inheiritance
blah
Not unless they were guarantors of the debt.
In Florida, the executor or personal representative of the deceased's estate is responsible for notifying credit card companies of the cardholder's death. The estate is generally responsible for paying off any outstanding credit card debt using the deceased person's assets. Family members are not typically personally liable for the deceased person's credit card debt.
No.
No... No...