2006-12-05 10:36:30 · 6 answers · asked by Troy T 1 in Business & Finance ➔ Personal Finance
I am sorry for your loss.
If the child entered into a contract with a credit card as a minor and there was no need for your signature, then no. Legally, if a minor enters into a contractual agreement of any sort, then the minor has a right to terminate the contract making it null and void. With that attitude, if you are not a co-signer, then the contract with the credit card company is null and void at date of the minor's death. Contracts can never be enforced with minors. Your child's Estate can fight it should it come to that. That is, if your child has an Estate...
2006-12-05 10:48:31 · answer #1 · answered by â?¥Manuelaâ?¥ 3 · 0⤊ 0⤋
no one is accountable for anybody's debt except that person. When that person dies there's nothing more they can do to collect that becuase the person is now deceased. Send a mass card with the bill showing he passed on.
2006-12-05 18:56:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Being that credit card debt isn't "secured" if the person holding the debt died I'm not certain that anyone is liable for it, estate or otherwise.
2006-12-06 01:50:01 · answer #3 · answered by Alex F 2 · 0⤊ 0⤋
If the child was a minor. Otherwise, the debt is paid by the estate.
2006-12-05 18:38:47 · answer #4 · answered by finaldx 7 · 0⤊ 0⤋
if the child was a minor possibly if your child was an adult no
2006-12-05 18:38:55 · answer #5 · answered by lilloric 7 · 0⤊ 0⤋
successors are liable in the event of death.
2006-12-05 18:38:49 · answer #6 · answered by Ciiemen p 2 · 0⤊ 0⤋