0
What else can I help you with?
If someone dies with 10K in credit card debt and has bank account does the credit card company get the money?
Yes, they are a creditor that can make a claim on your estate.
Can a real estate company pull your credit?
Yes, it can but it has to have your signed consent to do so.
How do you cancel a credit card for someone who died?
Send a letter to the credit card company. Include all the pertinent information about account numbers and addresses. A copy of your letter of authorization from the court should also be included. The credit card company will then file a claim against the estate for any balance owed.
Who is a lender?
A person or company that loans money and takes a security interest in real property.The lender can provide more than just real estate loans, but it is referred to as the mortgage lender when someone is talking about a real estate loan.
If a person has no estate at the time of death who would be responsible for his credit card debt?
Currently I am dealing with estate issues and credit card debts. I am not a lawyer but after talking to many professionals, it seems to me that if their is no estate and no joint credit card holders then the card company will have to write it off.....
When someone hires a company for an estate auction, is the company responsible for security of the property?
Yes, it is customary for the auction company to be responsible for the security of the property. Additionally, many auction houses have insurance for this specific purpose. In most cases the auction company will secure the property to avoid any problems. Read your contract carefully this is not always the case.
Estate insolvent cannot pay credit card debt affect on heir's credit history or tier score?
It does not. The debt belongs to the deceased. If the estate cannot settle the account, the credit card company is not going to get paid.
Will you have to pay wifes credit card bill after death?
Only if your were a co-applicant. If not, your wife's estate is responsible for paying the debt. If she has no estate, send the credit card company a copy of the death certificate and let them know that there will be no estate set up.
Can a credit card company force an estate to sell a home to pay their bill?
No, credit companies cannot force anyone to sell anything to pay them.
What happens when your estate is zero and you have credit card debt?
Credit card debts are one of the primary reasons someone should open an estate. The estate has to pay off the debts. If they are unable to do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Is it possible to get a real estate loan if you have bad credit?
Yes it is possible to get a real estate loan if you have bad credit. You might run into a few troubles and might get a few rejections but someone will eventually give you a loan.
Your daughter and son in law both died what do you do with credit card?
Shred it and let the company know. They will want to file a claim against the estate. If the estate has no assets, they won't get paid.
