 Bad debt written off? |
| I had a discussion with someone who said that companies will write off bad debt after 5 years of trying to recover it, i disagree, does anyone know the actual facts about this?... |
|
 How can I start my credit? I just turned 18.? |
| I just turned 18 and im in college, and I have applied for student visas, discover, and american express cards, but have been denied because i have no credit. isnt that what the student card is for? ... |
|
 I have no credit and need to establish some. Where can I get a credit card with no credit requirments? |
| I have already applied for two credit cards and was denied because I had no credit or not enough income. I am a college student and figure it is a good idea to start establishing some credit. I plan ... |
|
 14 year old having a debit card. What do you think.? |
| When it comes to money I am extremely responsible.When ever I get a gift card, I always check online what the balance is, before I buy anything with it. I dont go online to random websites and put my ... |
|
 The loan is in his name BUT I've made every single payment? |
| So the guy I live with has a loan through American General Finance in his name and for reasons I won't get into here (too long of a story) I am the one making all the payments. If it matter I ... |
|
 Can you buy a car with a credit card? |
| I've never had a cc with a high limit like over 20,000. I wonder if you can make big purchases like a brand new car all in one payment with a card like that, or do they put a cap on how much you ... |
|
 Where can i learn how to fix my credit, deleting? |
| A friend of mine got some of his credit deleted. Brought his credit score up to 800... |
|
 My dad used my name to get gas in his hosue when i was 15 and now i have a 1800 dollar bill to the gas comapn |
| is there anything i can do to get rid of this because i think it is unfair that i have to pay this bill that i did not create for myself please help becase i am a college student and it is also ... |
|
 My sister gave me a personal check "named to her" as a payment for the money she owed me.? |
| Definitely, I can't encash this check because it was named to her....so, If I will deposit this check into my bank account, will the amount of money indicated in the check arrive in my account ... |
|
 Does paying off a car loan early save on interest? |
| I just took out a car loan that seems to be a mistake. (At an interest rate of 19.58% on a 12,777 laon) Since i have no knowledge about finances i first wanted to know if this was a bad decision. ... |
|
 18 years old, where can I apply for a credit card? |
| It seems that everything on the internet revolves around having a credit card. Even "all-age" video games with online subscriptions. Ironic there. It's just that I don't have a ... |
|
 Could you go to jail for not paying a credit card bill? |
im like $1000 in debt, im still going to school so its difficult for me to work and actually pay my debt.
i got a phonecall from a creepy guy this morning talking about a lawsuit or ... |
|
 Credit card question...need advice from experienced adults!? |
| I signed up for a Circuit City Chase Mastercard to purchase a laptop about 6 months ago and go 0% interest for a year. I just paid it all off and now want to cancel my credit card. Do I just cut it ... |
|
 Does me and my husband need a will? |
We are in our late 20s homeowners but (unforunatley)not very rich. We have children,and live in N,Ireland.
Additional Details
PISH (sorry I mean) PHISH, You have to remember it is 1am ... |
|
 Immigration? |
| We are going from Belfast to toronto C... |
|
 When paying my creditcard bill how much do i actually pay back? |
i am trying to build my credit and i just receved my first credit card bill! th ammount i need to pay back is $52 but it says the minamum is $10 so which do i pay back?
i am trying to ... |
|
 Paying off old debt.? |
I have about $1500 of bad debt right now, ( a couple of cell phone bills and credit card bills )
These are so old that all ( 5 ) creditors are willing to settle with me right now for about half ... |
|
|  |
twinkle | Who is responsible for credit card debt after your death? |
|
 |
 
richdevens
|
Your estate.
All of your stuff is liquidated, creditors are paid off, then anything left is taxed and distibuted to heirs. Feeding frenzy. |
|
Dr. O'Pinion
 |
Technically your heirs are and the credit card company can attach your estate if you have one. If the debts are unsecured and the estate is settled to the heirs prior to credit card company's knowledge of your death then the company may have to evaluate the remedy of collection from the heirs. It all will come down to the collection amount and the cost of collecting. The company wont spend $5000 in collection costs to collect a $6000 debt but most likely will take a year end write off. If the debt is $60,000 or $120,000 they will pursue collection.
Solution? Make sure you have credit insurance. Then if you do the deep six the insurance company pays the credit card company and your heirs wont have to worry about your debts. |
|
enlistees
 |
god |
|
Richard W
|
If married, your spouse, otherwise, your estate. |
|
Dan S
 |
The executor of your estate. (chosen under your will). or the State intesatate succession act officer.
Dan. |
|
mississippi_gal_10
|
Your "estate"....who you leave your valuables too. But, unless you leave a lot of cash to them, they won't have to pay it. |
|
italian_vixen402005
 |
they write it off as a loss i am sure who else could be liable to pay a debt for a dead person |
|
abc
|
When you die your debts must be paid off from your estate. This means the executors of your will must sell your things to pay it off. |
|
eg_303
 |
No one it dies with the person. I had someone in the family with this situation. |
|
design ideas
 |
WHO CARES YOU'LL BE DEAD! they can't get you after your dead or can they? |
|
Cassie
|
This is true that some people are so selfish they deliberately run up cards knowing they are dying. This happened to a person I know with HIV....he left over 50,000 dollars of debt. His brother, a man of honor, paid off the debts and was so ashamed of what his brother had done. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 7 minutes(s) ago
| | | |
11 | 40 minutes(s) ago
| | | |
11 | 1 hour(s) ago
| | | |
10 | 4 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
11 | 4 day(s) ago
| | | |
11 | 2 week(s) ago
| | | |
10 | 2 month(s) ago
| | | |
11 | 6 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
