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Replies: 12
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All-In [30826]
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Question: Had a friends mom that passed away last year
Nov 28, 2018, 8:43 AM
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And he’s been getting harassed by a debt collector for a $2500 credit card balance that she had. How come it isn’t possible to take all the social security that she’s paid into and will never see..... That nobody outside of DC will ever see and use that to pay off these little debts that are a burden to kids in their mid 20’s?
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110%er [9879]
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Re: Question: Had a friends mom that passed away last year
Nov 28, 2018, 8:47 AM
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I'd say fugg'em.
They don't have any collateral on the debt. I'm not sure if that can be reported to the bureaus if it's not his debt.
A lot of times I've heard that all they can do is call and harrass you.
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110%er [9879]
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Also, don't take my advice
Nov 28, 2018, 8:50 AM
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because I have no idea what i'm talking about
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All-In [30826]
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That’s the advice I gave him.
Nov 28, 2018, 8:59 AM
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I’ll tell him the lunge agrees and to not waste money on a lawyer. We know best.
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Hall of Famer [23994]
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I thought debt cannot be inherited?
Nov 28, 2018, 8:51 AM
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Maybe something to do with he inherited her (small) fortune so he is liable for that debt now since there is no collateral? As long as he wasn't a dumbarse and put his name on the credit card he should be fine.
https://www.debt.org/advice/inheriting/
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Oculus Spirit [75714]
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Man, I sure as hell hope debt cannot be inherited,
Nov 28, 2018, 8:58 AM
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no telling what sort of time bomb my mother would be sitting on.
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Oculus Spirit [81049]
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This is correct.
Nov 28, 2018, 9:47 AM
[ in reply to I thought debt cannot be inherited? ] |
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If the credit card company didn't get it from the estate during probate, then they are pretty much SOL. They are harassing your friend because they think they can get something from him. Tel him, to tell them to STOP, or he'll contact a lawyer and the police.
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All-TigerNet [12098]
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Sounds like a Tiggity question
Nov 28, 2018, 8:58 AM
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but I thought that’s what probate was for to insure all claims against the estate were settled. If it’s gone through probate then f em,
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All-In [30826]
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Isn’t that the old Blackstreet song?***
Nov 28, 2018, 9:00 AM
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Hall of Famer [20571]
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Oculus Spirit [97703]
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Nopt too experienced in this specific area***
Nov 28, 2018, 9:15 AM
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All-In [47750]
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This becomes a debt of the Estate, not his.
Nov 28, 2018, 9:15 AM
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The estate is responsible, assuming funds are available. Otherwise tell them tough bananas.
It may take a while. After my mother died and the Estate was closed I got calls from the Carolinas Medical Center for 18 months, despite my telling them too bad.
The key is to post a notice in a local paper asking for all debts be submitted by x date, or the estate will be closed.
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All-In [33418]
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Is he the executor of the estate?
Nov 28, 2018, 9:16 AM
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Debt can't be inherited but I believe (emphasis believe, not a lawyer  ) the assets from the estate are used to satisfy debt from the grandmother and den leftover money goes to the beneficiaries.
Credit card debt is unsecured butt I believe they can file a claim against the estate for it. They might not if it's only $2500 since the collection agency likely paid pennies for the debt from the card company and are hoping for a quick payment.
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