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Home > Money & Services > Other Money & Services   »   credit cards

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Old Mar 7, 2007, 09:36 AM
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Oneill474
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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.

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Old Mar 7, 2007, 09:43 AM   #2  
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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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Old Mar 7, 2007, 09:55 AM   #3  
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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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