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Old 10-03-2007, 10:25 PM   #10 (permalink)
Reba
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Join Date: Jun 2004
Posts: 17,595
Quote:
Originally Posted by Maria View Post
There's new law. Supposely if, a parent dies, another parent will have to pay for deceased parent's debt. If, both parents died, then it is their kids who will have to pay their parents' debt that hasn't been paid off. If, parents & kids died, then it will be one of their relatives to pay 'em off. Can you image that?
Do you have a link for this new law? I've been researching this, and I can't find anything "new". All the sources I found state that children are not responsible for the credit card debts of their deceased parents unless they were co-signers or joint account holders.
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