Who's Liable For Your Credit Card Debt After Death? - PowerPoint PPT Presentation

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Who's Liable For Your Credit Card Debt After Death?

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Of course not many people visualize their death. However, it's wise to think about what is going to occur to that debt when you are no longer living. In some cases, the debt can follow to your grave or it can come to haunt your nearest and dearest after your death. Here's what will happen to your death after death. For more information read Looking for bad credit cards? Apply here – PowerPoint PPT presentation

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Title: Who's Liable For Your Credit Card Debt After Death?


1
Who's Liable For Your Credit Card Debt After
Death?
  • www.newhorizon.org

2
Of course not many people visualize their death.
3
However, it's wise to think about what is going
to occur to that debt when you are no longer
living.
4
In some cases,
the debt can follow to your grave
5
or it can come to haunt your nearest and dearest
after your death.
6
HEREs WHAT WILL HAPPEN
TO YOUR DEBT AFTER DEATH
7
JOINT ACCOUNT
- the responsibility of repaying the debt will
fall on your partner once you pass away.
8
AUTHORIZED SIGNER are not responsible for the
credit card debt.
9
Your count was not jointly owned
your estate is accountable for the debt.
10
Your estates value is not high enough to cover
outstanding debts, then your debts get
prioritized and your assets liquidated.
11
For more information read
http//www.newhorizon.org/credit-info/credit-card-
debt-after-debt/
12
Looking for bad credit cards?
Apply here
http//www.newhorizon.org/Info/unsecured.htm
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