2012年4月19日木曜日

Q&A: If my mother-in-law lives with us and dies, who is responsible for her credit card debt?

by eyewashdesign: A. Golden
Question by heymissmichelle: If my mother-in-law lives with us and dies, who is responsible for her credit card debt?
She is employed full-time but lives with us for practically free. She is a spender, not a saver. She has no life insurance or savings for retirement. She has a whopper of a credit card balance going. I am wondering about if she were to pass away with this debt, who is responsible for paying that off? Does the credit card companies just write

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