ChatterBank1 min ago
credit cards
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My wife's mother recently died. Is she responsible for any outstanding credit card debts?
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For more on marking an answer as the "Best Answer", please visit our FAQ.When a person dies all debts for which they were exclusively liable are paid from the decedent's estate, with all remaining monies forming the basis of any inheritence. If there is not enough money to pay off the debt then nobody else can be held liable and the debt dies also. If somebody has signed as Guarantor, the liability is theirs.
Go to one of the credit card portals, they have useful FAQ pages and links to advisory bodies. Try www.moneyextra.co.uk/creditcards or www.gold-creditcards.co.uk
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