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2. What happens to your credit card debt after you die? - AOL

   www.aol.com/what-happens-to-credit-card-debt...

   How to avoid card debt complications after you die. To minimize the red tape with credit card accounts and other financial obligations — like outstanding mortgage —, after your death, consider ...

3. What happens to your debt after you die? How to protect your ...

   www.aol.com/finance/happens-debt-die-protect...

   Mortgage. A mortgage is secured by the home it purchased. When you die, your estate will be used to pay off any remaining balance if you didn’t co-sign the loan. If you leave the home to someone ...

4. How to protect your deceased loved one’s credit after death

   www.aol.com/finance/protect-deceased-loved-one...

   Equifax will add a death notice to your departed’s credit report upon receiving the documents. 3. Confirm the freeze and ensure the account is flagged as deceased. After sending your request to ...

5. Credit card debt - Wikipedia

   en.wikipedia.org/wiki/Credit_card_debt

   Consumer and government debt in the United States. Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company ...

6. When You've Passed On, Who Inherits Your Credit Card Debt? - AOL

   www.aol.com/news/2013-02-19-death-inherit-credit...

   First, the Credit CARD Act of 2009 expects credit card issuers to inform an estate's executor quickly about any sums owed, and to not add fees and penalties while the matter is being settled.

7. Unsecured debt - Wikipedia

   en.wikipedia.org/wiki/Unsecured_debt

   Unsecured debt. In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment. [1] Unsecured debts are sometimes called signature debt or ...

8. Cancellation-of-debt income - Wikipedia

   en.wikipedia.org/wiki/Cancellation-of-debt_income

   Taxpayers in the United States may have tax consequences when debt is cancelled. This is commonly known as cancellation-of-debt (COD) income. According to the Internal Revenue Code, the discharge of indebtedness must be included in a taxpayer's gross income. [1] There are exceptions to this rule, however, so a careful examination of one's COD ...

9. What Happens to Credit Card Debt When You Die? - AOL

   www.aol.com/news/happens-credit-card-debt-die...

   Unfortunately, credit card debts do not disappear when you die. The executor of your estate, the person who carries out your wishes, will use your assets to pay off your credit card debts.