Assuming the person does not own a home.
After you die, who (if anyone) is responsbile for your unsecured credit card debt?
Your estate. Any other money or assets you own will not be able to be transferred until the debt is paid.
After you die, who (if anyone) is responsbile for your unsecured credit card debt?
NO ONE.
After you die, who (if anyone) is responsbile for your unsecured credit card debt?
any money left behind to your era%26#039;s are taken and what%26#039;s left is theirs
After you die, who (if anyone) is responsbile for your unsecured credit card debt?
Your spouse if you have one, then your estate.
After you die, who (if anyone) is responsbile for your unsecured credit card debt?
your PoA is repsonsible for your assets, however the burden of any financial debt is not passed on to anyone. That is part of what they calculate into their cost basis when they give you the loan to being with. Example, if a senior citizen were to take out a credit card loan, their interest rate would be high, because data points out they may die with debt, so on average, they end up making the money in the end.
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