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Mar 7, 2007, 10:36 AM
Oneill474
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Join Date: Dec 2006
Posts: 291
credit cards
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.
Oneill474
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Answers
Mar 7, 2007, 10:43 AM
#2
Lowtax4eva
American Immigration Expert
Join Date: Feb 2007
Location: Montreal, Canada
Posts: 2,473
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
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Mar 7, 2007, 10:55 AM
#3
ballengerb1
Home Repair & Remodeling Expert
Join Date: Dec 2006
Location: Wheaton, Illinois, USA
Posts: 16,315
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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