credit card debt

This is a discussion on credit card debt within the Credit Cards, Banking, Securities forum, part of the Other Business & Finance Law Issues category; my question is from north dakota. If I were to die, are my grown children liable for my credit card ...

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Old Jul 9th, 2009, 08:15 PM   #1
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my question is from north dakota. If I were to die, are my grown children liable for my credit card debt?
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Old Jul 10th, 2009, 12:09 PM   #2
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No, they are not. The only way they would be liable is if they signed in writing (co-signer) to be liable. Absent that, only your estate -- not your children or anyone else invidivually -- is liable to your creditors. I hope this is good news. AJJ
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Old Jul 11th, 2009, 01:00 PM   #3
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Thank you for your response....yes, it is good news!
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