06-16-2008 10:01 PM
06-17-2008 05:35 AM
06-17-2008 05:39 AM
06-17-2008 05:40 AM
06-17-2008 05:45 AM - edited 06-17-2008 05:46 AM
Funny this came up, I was just talking to my dad about this last night.
He remained convinced that the estate pays the debts. I was philosophically arguing against that. If one has an account, with no AUs or joint people or anything, how could the CCCs come after them if the bills are left unpaid?
Can they sue the estate?
06-17-2008 06:00 AM - edited 06-17-2008 06:02 AM
06-17-2008 07:45 AM
06-17-2008 07:59 AM
Phouchg wrote:about 10 years ago when my brother's wife's father died, he had over $30,000 in credit card debt. An evil collection agency for about $10,000 of that called and laid a guilt trip on my sister-in-law and flat out lied and told her that she was responsible for her dad's debts. "Don't be a deadbeat like your father was" she was told. She was threatened that the sherriff would come with a warrant if she didn't pay off the amount . Her and my brother took out a high-interest rate personal loan to pay this CA.They now know better, but are still kicking themselves over falling for that. There are lots of people out there who are convinced that they are responsible for their parents debts. I wish resources like this board were available 10 years ago.
06-17-2008 08:14 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.