My husband had 3 different types of BOA credit cards. He passed away on August 2011 with huge balances on each card. Because of poor financial condition I decided to cease making payments at that time. Recently, a collection agency has started calling me and literally threatening me to pay off the debts. I’m clueless what should be done. Can they really demand payments from me? Please let me know what is my responsibility? What should I do now?

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It depends upon the debts, assets and finally, the law in your state, Joanne. If the debt amount, though I guess it’s probably high, the creditor would certainly want to get that back. The collector might go on to the extent of putting a lien on the property just to ensure the debt payments in future!

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First, please accept my deepest condolence on the loss of your husband. Many people believe a decedent’ debt is forgiven. However, law does not work in such a way. If your husband has died with a significant amount of credit card debt, an estate will be given the responsibility to liquidate all his assets to pay off the debt. However, if the debt amount is more than existing assets, the debt is usually wiped off.

Reach out the collection agency, and try to settle on some grounds so that they don’t take it to the court. Explain your financial condition to them and ask for some relief. However, if things get critical, hire the services of an experienced attorney.


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