Comments on: What happens to the credit card debt when your parents pass away? http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/ Debt can ruin your life Fri, 20 Aug 2010 20:00:34 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: haggamuffn http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/comment-page-1/#comment-168 haggamuffn Tue, 08 Dec 2009 00:39:12 +0000 http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/#comment-168 The other posters are correct. As long as your parents had nothing to probate, then the debt will cease with their death. However, as an aside, I found something the other day that was rather disturbing. It seems that there are these niche collection agencies that actually specialize in probate collections. I guess this is where people get the idea that collectors are ghouls. :) The other posters are correct. As long as your parents had nothing to probate, then the debt will cease with their death.

However, as an aside, I found something the other day that was rather disturbing. It seems that there are these niche collection agencies that actually specialize in probate collections. I guess this is where people get the idea that collectors are ghouls. :)

]]> By: bdancer222 http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/comment-page-1/#comment-167 bdancer222 Sat, 05 Dec 2009 15:55:57 +0000 http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/#comment-167 When someone dies leaving debt and no assets, the debt dies with the person. You send a letter to all the creditors, informing them of the death and lack of forthcoming payment. Include a photocopy of the death certificate -- certified copies are expensive and they don't need a certified copy. In some cases you have to send it a couple times before the credit card company stops trying to collect. When someone dies leaving debt and no assets, the debt dies with the person.

You send a letter to all the creditors, informing them of the death and lack of forthcoming payment. Include a photocopy of the death certificate — certified copies are expensive and they don’t need a certified copy.

In some cases you have to send it a couple times before the credit card company stops trying to collect.

]]> By: Snagelfritz http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/comment-page-1/#comment-166 Snagelfritz Thu, 03 Dec 2009 08:13:11 +0000 http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/#comment-166 My neighbor's brother-in-law died. She had to settle the Estate and then keep what left. I guess that how it work. If, they not have an estate then guess the credit cards can send them a bill. But, you not liable for another person's debts, unless you signed something. My neighbor’s brother-in-law died. She had to settle the Estate and then keep what left. I guess that how it work. If, they not have an estate then guess the credit cards can send them a bill. But, you not liable for another person’s debts, unless you signed something.

]]> By: dragonfly_3 http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/comment-page-1/#comment-165 dragonfly_3 Tue, 01 Dec 2009 22:50:39 +0000 http://www.credit--carddebt.com/what-happens-to-the-credit-card-debt-when-your-parents-pass-away/#comment-165 I don't understand your question. You mean what happens to your moms credit card balance if your mom passes away? Or what happens to your credit card balance? I don’t understand your question. You mean what happens to your moms credit card balance if your mom passes away? Or what happens to your credit card balance?

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