Legal Question in Credit and Debt Law in New York
credit card debt
My mom recently passed away with a number of credit card debt. Who is responsible to pay off the balance?
Asked on 11/25/08, 11:58 am
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: credit card debt
The debt of the estate is paid from the assets of the estate. The fiduciary of the estate (executor) is the individual responsible for making the payment.
Mike.
Answered on 11/25/08, 12:43 pm