Debt Collection Basics: Can I Pay Off Debts in Collection?
When you die, all of your assets and liabilities become part of your estate. But that raises an interesting question: will someone have to pay your credit card debts when you pass away? The answer is yes — and no.
Generally speaking, someone will not be liable for your credit card debt if it isn't in their name. So if you're the only one on the account, then no one else will be responsible for paying off the balance. However, if a joint account holder or authorized user is listed on the account — such as a spouse or family member — they may be held responsible for any remaining debt upon your death.
In addition, some states have what are known as “filial responsibility laws” which may require family members to pay off debts owed by deceased relatives.
The Law Offices of the Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706