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What happens to credit card debt when you die?

What happens to credit card debt when you die? Bankrate 2 hrs ago © Chayanuphol Poona / EyeEm/Getty Images What happens to credit card debt after death? Credit card debt doesn t follow you to the grave. It lives on and is either paid off through estate assets or becomes the joint account holder s or co-signer s responsibility. In community property states, most debts acquired during a marriage are the responsibility of the community (the couple)-even if only one spouse is listed on the account. When the estate loses, beneficiaries lose Even if you re not held personally liable for the debt on a credit card, you ll feel the effects of it if you re a beneficiary of the estate. That s because debts will be paid from the estate before beneficiaries receive any distributions. In other words, any debts left behind when a loved one passes away can quickly gobble up much of their remaining assets, with beneficiaries receiving what’s left over (if anything at all).

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