My mom got a card with my name on one of her accounts a while back, for me to use for emergencies, and such. I am the only other card holder, and the account was in her name. She just passed away. She is survived by her husband.
I have about $6000 on the card now that I plan to pay in full within the next month. (When I get the life insurance settlement)
However, I just used the card to make a large purchase, (because I figured, I'm paying the whole thing off in
I don't know exactly what I should tell them. If I should just say, that I went ahead and used it, after she passed, because I knew I was going to pay it off ----- or if I should call them back and act like I just found out she passed (it was in the past 2 weeks) and that I didn't know that at the time I used the card.
2007-12-13 07:57:14 · 7 answers · asked by bdb4269 2 in Business & Finance ➔ Credit
YOu need to know under what terms you are authorized to use the card. It sounds like you AREN'T and the account cancelled upon her death and inadvertently or not you've comiited fraud. Call them, tell them the truth, and pay it off.
2007-12-13 08:02:00 · answer #1 · answered by wizjp 7 · 2⤊ 0⤋
First, be honest. Second, talk to an attorney about your situation possibly before talking to the credit card company. You also did not mention whether her estate had any value, if she had a will, who did she leave anything too, what state you live in, etc. There are a lot of factors involved. Call a business lawyer and sit down with them for an hour with you list of questions. They should maybe charge you 75 to 200 dollars. Do this before you pay the card off.
2007-12-13 08:03:40 · answer #2 · answered by Lily 7 · 0⤊ 0⤋
This completely depends on the credit card that was signed up for. In general, when a primary holder cancels his account, he will have to specifically tell them to cancel all the account holders. Otherwise, the account remains open.
2016-04-09 01:13:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The best way to go is to be honest, because in a while one thing will lead to another and the more suspicious it will look. You should have found out when the settlement will be paid to you because often it takes a while due to processing and thats the scam everyone is trying to use nowadays, so it may take a little while before you get anything to pay the company back period.
2007-12-13 08:02:34 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If you're on the card as the only other user, I don't think there's anything wrong with using the card after your mother's passing (by the way, sorry to hear that). However, if you're not, and you're just using her card, that's stealing.
Don't make up lie about just finding out she passed, it will only make things worse. Instead, just tell them you used it because you thought you were authorized to do so being a card holder.
2007-12-13 08:03:38 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Need to add something to the previous postings.
If you are simply a authorized user and not a joint or co-signer, you are not responsible for this debt your mothers estate is.
2007-12-13 08:19:39 · answer #6 · answered by ? 7 · 3⤊ 0⤋
have your husband call and explain what happen and that is there a way you can change the card into your name if your over 18.call and find out at the card place.good luck.
2007-12-13 08:06:37 · answer #7 · answered by mags 3 · 0⤊ 3⤋