Legal Question in Wills and Trusts in California
Debt after a person is deceased
What happens to credit card debt after a person dies? Scenario: Terminally ill patient, has a home with little equity due to decreased property values in CA, no savings, only patient's name is on debt accounts.
Thank you in advance.
Asked on 7/03/08, 4:00 pm
1 Answer from Attorneys
Mitchell Roth
MW Roth, Professional Law Corporation
Re: Debt after a person is deceased
The creditor is limited to the estate of the decedent unless it can show that the debt was incurred for what is called "common necessities of life" in which case the spouse can be held liable.
Answered on 7/05/08, 2:32 pm