What happens to someone's debt after they pass away? Would their next of kin be responsible for it?

Asked over 1 year ago - New York, NY

Debt exceeding $50,000 with no co-signers on the debt.

Attorney answers (3)

  1. David Michael Kasell

    Pro

    Contributor Level 14

    1

    Lawyer agrees

    Answered . DeConsumer debt, such as a credit card, is solely the responsibility of the card holder unless another person makes themselves lible for it. Next of kin are not responsible for the debt. However, the debt would be an obligation of the estate of someone who passes away that would reduce the size of an estate for a next of kin who might inherit from the estate.

    But if you were not a co-signor you should have no responsibility.

  2. Eric Edward Rothstein

    Contributor Level 20

    1

    Lawyer agrees

    Answered . Their Estate is responsible.

    I am a former federal and State prosecutor and have been doing criminal defense work for over 16 years. I was... more
  3. Jayson Lutzky

    Pro

    Contributor Level 20

    Answered . Estate is responsible for debt before distribution to heirs.

    If this answer is helpful, then please mark the helpful button. If this is the best answer, then please indicate... more

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