Can credit card debt transfer their children after their death?
An older family member of mine has a lot of credit card debt and its great advantage is the only house we currently live by what I've read it seems that the creditors liquidate all its assets, including house in order to try to cover the debt to his death. One of his sons want to buy the house or take a mortgage on them now and become the new owner. If the house is sold / transferred in this way and no longer belongs to my older family member of the great debt, creditors will try to come after his son after his death? The house is located in Florida.
A better transfer of the house before the death of this individual, because you are right to come after the estate of the deceased. If a child purchases of their home seller has to keep the money from the banking system other than the money would now be active. But I'm sure you already know. Once the person has died the only thing the child has to do is open the letters send a copy of the death certificate. (There must be certified, unless contact them and ask by one) and also includes a note that said deceased has no roots. I never after 2 1 / 2 years had any of my father in laws creditors write again.
Credit Card Debt
