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Can you advise my mom on what to do as a recent widow left with credit card debt? – Tonya

My Mom is a recent widow (dec.2-2011) and didn’t know the extent of credit card debt that my Dad had aquired. Two of the cards were in her name.. the approximate debt is 28,000.00 high interest and No insurance. Income tax has not been filed in 2the yrs either.. help! She has been responsible and …

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My Father Passed Away. My Mother Was Only an Authorized User. – JB

“Dear Steve, Recent widow as authorized user and credit card debt. My father passed away a couple weeks ago and I have been trying to help my mom with her finances. As I’m sure you know, she lost a SS check so now she is trying to work through her budget. My father and she …

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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 …

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