Legal Question in Credit and Debt Law in New York
Credit Card Liability upon Death
My son died owing $2000 and $8000 on credit cards. The companies are threatening to go after his estate (less than $20,000). I was named his estate administrator since he had no will. They have sent me one letter each since he died last November 2001.
Do I have to pay these?
I am currently ignoring them.
Thank you.
Dave
Asked on 7/25/02, 2:40 pm
1 Answer from Attorneys
Daniel Clement
Law Offices of Daniel Clement
Re: Credit Card Liability upon Death
His estate is liable for his debts. If you liquidate the estate without paying his debts, you as his fiduciary will be liable.
Daniel Clement
Answered on 7/25/02, 2:42 pm