Is that bill my responsibility to pay this credit card balance because I inherit what few personal affects she has.
2007-04-20 15:57:48 · 4 answers · asked by jennywren 2 in Business & Finance ➔ Personal Finance
No
2007-04-20 16:04:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Her estate is responsible for the debt. Any assets of her estate need to go towards paying her debt before it can be distributed to the heirs. If there is not enough in her estate to cover the debt, then the credit card company will likely just write it off. It would probably not be worth their effort.
I have not been involved with this type of estate before where the net worth was upside down. If there are some of her things that you want, contact an estate attorney to find out what to do. It will cost you $200 or so, but it may be worth it to avoid inheriting her debt to get a family memento.
Good Luck.
2007-04-20 23:53:32 · answer #2 · answered by JJ 5 · 0⤊ 0⤋
It does not register under your social security and it does not show you as the responsible person on the payment or the card so why would thye come after you for money. She died...you can't go to collections with a person who isn't amoung the living anymore. It will go to loss prevention
2007-04-20 23:37:00 · answer #3 · answered by Anonymous · 0⤊ 0⤋
if you consider her assets to be of little or no value then i would throw them away or give them to charity, better yet tthrow them away, if your tlaking like furniture etc. that way you can say that she had NOTHING, and there is no way at that point that they can come after you for the 6000 thousand because you did not profit from her in any way.
2007-04-20 23:12:16 · answer #4 · answered by the d 6 · 1⤊ 0⤋