Tag Archives: dead

How to Handle Collection Calls For A Deceased Person’s Debt

By Mary Reed and Gerri Detweiler, coauthors of Debt Collection Answers: How to Use Debt Collection Laws to Protect Your Rights Are you being contacted about a deceased person’s debt? The last thing you need when you are mourning the death of a loved one are calls from debt collectors demanding that you pay his [...]

Advocates Pushing Back on FTC Proposal Over Debt Collection from Dead People

The Wall Street Journal is reporting some consumer advocates are a bit flummoxed over a recent proposal by the FTC regarding diminished legal liability for debt collectors that chase people to pay the debt of dead people. “The plain language of the Fair Debt Collection Practices Act does not allow collectors to contact friends, neighbors [...]

Did My Dad’s Debt Die With Him? – Graeme

“Dear Steve, My father died but has outstanding credit card debt to the value of $33,000 in his sole name. He had some land but upon his death it was tranfered soley to my step mothers name. She doesn’t have any money to pay the credit card debts. Can the banks make my step mother [...]

Am I Responsible to Pay for My Dead Husband’s Debts? – Linda

Linda “Dear Steve, My husband passed away and now Bank of America wants to know when I’m going to pay off his credit card. Am I responsible to pay off my husbands credit cards ? If so is it possible to have the payoff amount lowered ? Linda” The Answer:   Dear Linda, Bank of [...]