What Happens to Credit Card Debt When You Die?

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When you die, credit debt can be transferred to a spouse or next of kin depending on state laws. Check the laws on credit card debt being passed on after death with information from the owner of a debt settlement company in this free video on credit cards.

Part of the Video Series: Credit Card Debt Information
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Video Transcript

Hi. My name is Peter Rapak. I am the owner of Clear Financial LLC, a debt negotiation company. What happens to your credit charge debt when you die? You would think that it would be finished. But that's not the case always. What you really have to do is you need to check your local state law. There are actually in the union where let's say, if you die and your spouse has never even signed anything on your credit card bill or was never even a co-signer or she doesn't even know about it, but you racked up a huge bill, there are states in the US where you actually, the person who you're married to can be responsible for your debt. Believe it or not. So, make sure that you do check on this on your local state law and find out about them as much as you can. But some states, you're not liable any more if you do happen to pass away. But there are some states where you are. So please make sure that you actually do check on this. My name is Peter Repak. I'm the owner of Clear Financial LLC, a debt negotiation company. Thank you for watching.

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