Except a big cretit card debt.. What happens to the debt?
2006-10-01 22:04:40 · 12 answers · asked by ? 4 in Family & Relationships ➔ Other - Family & Relationships
gud ******* question!
hate to kno the ansa tho!
2006-10-01 22:05:47 · answer #1 · answered by monaUK 5 · 0⤊ 1⤋
No one else will have to pay for it and it falls under a category called bad debts for the credit card company.
2006-10-02 05:05:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It will pass to his next of kin, once all the estate's assets have been liquidated to service the debt (plus lawyers' fees). Then a court or tribunal will have to work out a repayment plan. It's inescapable!
2006-10-02 05:08:06 · answer #3 · answered by Bart S 7 · 0⤊ 0⤋
They go after his heirs...I have heard of creditors contacting the wife or adult children to get the money,
But the bottom line is, you can't get blood from a turnip...so the jokes on then when/if you die in debt.
2006-10-02 05:07:46 · answer #4 · answered by Dolphin lover 4 · 1⤊ 0⤋
the debt gets passed on to the family
2006-10-02 05:06:09 · answer #5 · answered by muthafaka8o8 3 · 0⤊ 0⤋
<>Legally, if there is no one listed on the account with him, the credit card company cannot pursue the debt. It will be exonerated.
2006-10-02 05:10:34 · answer #6 · answered by druid 7 · 0⤊ 0⤋
The debt goes to the family if there si one,if not it goes with him
in haven or...
2006-10-02 05:11:14 · answer #7 · answered by Danielenco G 1 · 0⤊ 0⤋
debt goes to the grave with him
2006-10-02 05:06:02 · answer #8 · answered by Dr Dee 7 · 0⤊ 0⤋
I imagine they try to collect from the next of kin, from their money.
2006-10-02 05:06:17 · answer #9 · answered by catintrepid 5 · 0⤊ 0⤋
I hope the creditors won't come after his children. I don;t know.
2006-10-02 05:07:15 · answer #10 · answered by OC 7 · 0⤊ 0⤋
its a dead debt it dies with him if you can show a death certificate to prove he has died
2006-10-02 05:06:19 · answer #11 · answered by Anonymous · 0⤊ 0⤋