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cancel your credit card before you die.....

updated mon 14 jun 10

 

fran johnson on sun 13 jun 10


=3DA0Boy, things have changed in the last 4-5 years.=3D20
=3DA0
When my husband died, my daughter and I called the credit card companies to=
=3D
cancel. They did it over the phone, no proof needed.=3D20
I was also told that it wasn't necessary to repay the debt since he was the=
=3D
owner of the account. I did repay since we both used the cards didn't seem=
=3D
right not to.
=3DA0
Fran

--- On Fri, 6/11/10, Lis Allison wrote:


From: Lis Allison
Subject: Re: Fw: Cancel your credit card before you die.....
To: Clayart@LSV.CERAMICS.ORG
Date: Friday, June 11, 2010, 7:08 PM


This is sort of like one of those urban myths, guys. In actuality, when
someone dies their executor is supposed to cancel credit cards, bank
accounts etc. If no-one does, then indeed certain accounts can accrue
charges for fees.

The owner of the account being dead in no way absolves the owner's heirs.

Sorry about that, I sound bad tempered I know, and maybe I am after a
rotten day, but I had to say something.

Lis

--
Elisabeth Allison
Pine Ridge Studio
www.Pine-Ridge-Studio.blogspot.com