credit cards

Oneill474 · #1 Mar 7, 2007, 10:36 AM

My Russian neighbors asked me a question about credit cards.
They have five credit cards. 4 cards are in the husband’s name only.
And one is in the wife’s name only. If the husband dies. Is the wife
Responsible for the husband’s credit card debt.

Lowtax4eva · Mar 7, 2007, 10:43 AM

The wife would not be personally responsible... however they could go after 1/2 of her assets, houses, cars etc so in the end she would have to pay it

What Happens to Credit Card Debt When Someone Dies? : Blogging Away Debt

ballengerb1 · Mar 7, 2007, 10:55 AM

If either of them dies the creditor, bank card, will go after the estate for the money. They will be in line ahead of the living spouse.



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