Legal Question in Wills and Trusts in Louisiana
My mother recently passed away. Her house has gone through succession here in Louisiana. I currently reside in the home and pay the mortgage. She left outstanding credit card debt in the amount of $5000.00. Am I responsible for paying this debt? Can I be forced to sell the home to pay said debt?
Asked on 4/04/17, 12:12 pm
1 Answer from Attorneys
James Maguire
James G. Maguire, Attorney At Law
The credit card debt is a debt of your mother's estate. Her estate is responsible, but a credit card company cannot use foreclosure to recover the debt.
Call the credit card company and explain that your mother is deceased. As long as there was little or no cash in your mother's estate they may reduce the debt and let you pay it out over time.
Answered on 4/04/17, 4:28 pm
Related Questions & Answers
-
Wife died leftme cd with me as pod beneficiary. no probate>>> Asked 2/15/17, 12:26 pm in United States Louisiana Probate, Trusts, Wills & Estates
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
