Reply to When a husband dies, is his wife responsible for his credit card debt?

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[quote=Anonymous][quote=Anonymous]His estate will be. So, if he has anything to pass along to her, she’d have to use that to pay the debt. However, if she calls the credit card company after he dies and says it’s a small estate, they might just write it off if her name isn’t in the account. [/quote]

My MIL had almost no assets beside her house, car, and small checking account.  She wanted to pay something toward an $8K FIL cc debt once modest life insurance came in.  We told her to ask if she could clear it for half.  That was easy to arrange.  Her daughter said she shouldn't have paid anything.  Her name wasn't on the card.  But she wanted to make an ethical attempt to clear his debts.

To big financial institutions, the recovery of funds is covered by the insane interest rates.  From a tiny estate, recovering anything is difficult so any quick return of some money is pretty decent.

There are also charities that retire medical debt.

It would be better to address this with an original lender before debt collector companies get involved (that may or may not happen).[/quote]

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