Tuesday, 15 July 2014

unsecured debt after someone diesMy father recently passed away. Are my siblings and I responsible for his credit card debt and to pay off ...

Question

unsecured debt after someone dies

My father recently passed away. Are my siblings and I responsible for his credit card debt and to pay off his vehicles?



Answer

Re: unsecured debt after someone dies

No. His estate is responsible (assets to be liquidated to pay off debts). If no assets, then the creditors are out of luck.



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