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Old 04-05-2007   #1 (permalink)
dovic1
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Default Who is responsible for deceased parents debts
When a parents dies who is responsible for paying off their credit card debt?
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Old 04-05-2007   #2 (permalink)
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I believe it goes back to their estate, i.e. home, properly, assets. Assuming that's not enough to cover it, not sure. Good question tough.
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Old 04-15-2007   #3 (permalink)
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i worked for a debt collection company last year and once a death certificate has been provided it gets written off if no way to pay it
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Old 04-16-2007   #4 (permalink)
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The children are, but most likely you will have allotments that will pay off the debt. If you can't pay it, it will get written off!
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Old 04-24-2007   #5 (permalink)
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No it doesnt go their children
If the person has any assets that will be claimed
Else the payment debt goes as unpaid
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Old 04-25-2007   #6 (permalink)
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I suppose the clauses say that the payment is rendered unpayable if the debtor dies. Or maybe government pays.
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Old 05-26-2007   #7 (permalink)
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I think , if his family member can pay it comfortably, then its ok otherwise its written off.
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