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    Oneill474's Avatar
    Oneill474 Posts: 427, Reputation: 2
    Full Member
    		  
    #1

    Mar 7, 2007, 11:36 AM
    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.
    Lowtax4eva's Avatar
    Lowtax4eva Posts: 2,467, Reputation: 190
    Ultra Member
    		  
    #2

    Mar 7, 2007, 11:43 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's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
    		  
    #3

    Mar 7, 2007, 11:55 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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