If person dies with debt, the debt does not die with them and their creditors have the right to be repaid from the deceased's estate. The executors of the estate need to be aware of any debts in order that they can deal with them. If there is no estate, or if the debts are relatively small, creditors may well write off the debt. If any debts are in joint names, the surviving partner will remain liable for the debt.
The use of a deceased person's credit card would constitute credit card fraud. Unlawful use of a credit card is a criminal offense.
No, you cannot transfer your credit card balance to another person.
No, it is not possible to transfer a credit card balance to another person.
The credit card compaines will hire someone to harass the family to get the money, or they will hire a lawyer and go to court. They don't care.
Bank's Insurance company
The estate is responsible for the decedent's credit card debt.
Only if she is also on the account. If not, then absolutely not. You can get yourself in a heap of trouble by using the credit card of a deceased person. You must notify the credit card company of the death and close that account.
No, an adult child cannot legally use the credit card of a deceased parent in the state of Georgia without authorization. Unauthorized use of a deceased person's credit card could be considered fraud and may have legal consequences.
Once a person is deceased all debt is completely erased from that person's credit. If they own a home and do not have a will nor a co-signer of the home loan the government will take over the ownership of that home. If they have credit card debt, the debt is forgiven and no longer in existense.
the deceased' inheiritance
If the loan is secured, then the collateral is returned to the bank. If the loan is unsecured, like a credit card, then the bank submits the balance to the estate of the deceased.
They can't ! A credit card is issued in recognition that the card-holder is able to repay any balance owing. If a person has no regular income - they are extremely unlikely to be granted a credit card !