the overdraft
2007-01-02 12:11:31 · 16 answers · asked by Indiana Jonas 4 in Politics & Government ➔ Law & Ethics
Some companies might let it slide but then there are those places that are determined to get thier money so they will come after the family to get the money.
2007-01-03 05:02:35 · answer #1 · answered by hieroglyphical15 3 · 0⤊ 0⤋
When you say shopping spree how much of 1 ?? 10000-or 5000?
If it is 10000 or 50000 I would think the creditors would file against that person's estate or may not want to go through the hassle and do a charge off.
2007-01-02 20:17:28 · answer #2 · answered by southernn_sky_2020 4 · 0⤊ 0⤋
If the debt is secured the banks get relief for charging the debt off. If it is unsecured the creditor will probably try to go after anything of value the deceased left remaining depending on how much you owed.
Nothing in life is free.. no matter how much the debt was.. what kind of way to die is buying your hearts desires and then killing yourself... you might as well win the lotto, marry the love of your life.. and then kill yourself because its just as dumb. It is also a very selfish way to go because you tomb stone would probably read "Here lies a person that had it all.. then ended it all. What a Dumbass!!"
2007-01-02 20:18:35 · answer #3 · answered by Get Money 3 · 1⤊ 0⤋
Well, since the bank expects everyone who has overdraft to default it somehow (the fees is where the money is), I'd say no one really pays for it. The bank would have to write your spree off as bad debt.
2007-01-02 20:14:25 · answer #4 · answered by BigMissle 3 · 0⤊ 0⤋
The person's estate/family will be responsible for correcting the overdraft.
2007-01-02 20:19:50 · answer #5 · answered by AnnieD 4 · 0⤊ 0⤋
Their family.....so not only do they have to pay all the debts, they have to pay for a funeral and wonder why their loved one do that.
Suicide tears people up - so if you're thinking about that - don't do it. It's a permanent solution to a temporary problem.
2007-01-02 20:14:17 · answer #6 · answered by Anonymous · 0⤊ 0⤋
what the f ?!? why would someone go shopping and buy themself a bunch of stuff and then kill themself? im asuming this "person" is a young woman who doenst own a house or anything so her parents would have to pay for it.
2007-01-03 12:40:48 · answer #7 · answered by Anonymous · 0⤊ 0⤋
the estate. but usally the credit card company takes a hit.
2007-01-02 20:13:54 · answer #8 · answered by Anonymous · 0⤊ 0⤋
The creditors go after your family.
2007-01-02 20:16:23 · answer #9 · answered by JAMI E 5 · 0⤊ 0⤋
It comes out of the money that the dead guy already has, or if that is not enough, the money that he leaves to his relatives.
2007-01-02 20:13:16 · answer #10 · answered by Anonymous · 0⤊ 0⤋