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Store cards ,does debt dissapear when you die ?

  • 04-08-2011 8:30pm
    #1
    Balloon Of a fish in C.
    Closed Accounts Posts: 74 ✭✭


    Hello ,recently we've had a death in the family and a few bills have popped up unexpected.
    I've always thought credit cards/store cards have built in insurance ,but we've got lots of other things to do at the moment:(

    Sorry if I'm not suppose to ask ,but things are really hard at the moment.

    Thank you.


Comments

  • #2
    coylemj
    Registered Users, Registered Users 2 Posts: 25,626 ✭✭✭✭coylemj


    If you're under a certain age then outstanding loans from the credit union get written off but that's the only instance I can think of, it would not apply to outstanding balances on store/credit cards so the relevant institutions would be justified in seeking payment out of the estate i.e. from the executor(s).


  • #3
    Balloon Of a fish in C.
    Closed Accounts Posts: 74 ✭✭Balloon Of a fish in C.


    Thats fair enough ,thanks for that.


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