Wednesday, June 15, 2011

Can credit card debt transfer to your children after your death?

An older family member of mine has a large amount of credit card debt and their only major asset is the house that they currently live in. From what I’ve read it seems that creditors will liquidate all of their assets including the house in order to try and cover the debt upon their death. [...] http://bit.ly/mRYwwv

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