Credit card debt: heirs liable only up to inherited assets
Credit card debt does not vanish when a cardholder dies, but family members are not personally liable to repay it from their own income or savings. Repayment must come from the deceased…
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US credit card debt hits $1.26 trillion, late payments rise
NDTV Profit reports that US credit card debt rose to nearly $1.26 trillion in the second quarter, while late payments are increasing as more households struggle to manage their finances. The report…
