Friday, June 3, 2011

Who is responsible for credit card debt if somebody dies? Or does the company eat it?

Say somebody has X amount of credit card debt, then they die but still have that debt to the credit card company outstanding, what happens? Does the company have to write it off as bad debt or ? Perhaps the company can hit up that person’s estate. But let me pose another question then – [...] http://bit.ly/l0tMIY

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