Posts Tagged ‘Parents’

How to pay off credit cards enrolled in a debt management program?

Monday, April 5th, 2010

Rachel asked: I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off [...]

What happens to the credit card debt when your parents pass away?

Saturday, March 7th, 2009

Triple Nipple asked: What happens to credit card debt when one’s parents pass away in the event that they do not have an estate, BUT the children do have an estate (real estate, etc)?
Morbid, but just wondering.


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