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Old 10-25-2007, 10:31 PM   #1 (permalink)
Triple Nipple
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What happens to the credit card debt when your parents pass away?

What happens to credit card debt when one's parents pass away in the event that they do not have an estate, BUT the children do have an estate (real estate, etc)?

Morbid, but just wondering.
 
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Old 10-25-2007, 10:33 PM   #2 (permalink)
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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.
 
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Old 10-25-2007, 10:35 PM   #3 (permalink)
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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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