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ChatterBank1 min ago
Can someone confirm that a credit card debts die with you if you are within your limit do the company have an indemnity policy.
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No best answer has yet been selected by tim2969. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I am afraid it does depend on the card - Barclaycard comes automatically with a life assurance policy which pasys �10,000 on death - this will first of all cover their debt though - the family will get the rest.
I am afraid that in law though, the debts become part of the estate - so in answer to your question, NO, credit card debts, (as all other debts) do not die with you.