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 What happens to credit card debt when a person dies?

Answer What happens to credit card debt after a person dies depends on a number of factors, such as the place of residence, who applied for the card and whether the deceased held the account alone.Lone Ho... Read More »
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Top Q&A For: What happens to credit card debt when a person ...

What is the average credit card debt per person?

According to Financial Web, the average U.S. credit card debt per person for 2009 was about $4,100, with the total increasing over the course of the decade. Credit Cards.com lists the average credi... Read More »
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What is the average credit card debt per person in minnesota?

Minnesota residents currently have one of the highest ranked credit card debt with an average of more than $8,300 and an APR of 15.38 percent. That means that on top of penalty fees and payments ma... Read More »
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Who pays the credit card debt of a deceased person in Tennessee?

Unless you were a credit card co-signer, you are not responsible for any credit card debt of someone deceased in Tennessee. The estate executor will decide how the deceased's money will be paid to ... Read More »
http://www.answerbag.com/q_view/2228944

What happens to debt when a person dies?

Debts and finances can be difficult and confusing to deal with, and sorting through the finances of a loved one after his death is even more challenging. It is therefore quite important to underst... Read More »
http://www.answerbag.com/q_view/2065658


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