Surviving spouses should not be tricked into paying for their deceased spouses debt

I read an article in the Wall Street Journal today that bothered me so much that I am placing this on two different places on my website in the hopes that anyone who will benefit by this information may see it.  Here is the article:

There is a growing problem that I want you, the spouse of a loved one who has died, to understand.  If your husband or wife dies, and you did not incur the obligation (example below) then on the death of your husband or wife, their debt dies with them.  You are not personally obligated to pay the debt – period.  The Wall Street Journal points out a growing problem that is caused by aggressive creditors. 

The creditors will (1) try to trick you into believing that you owe the money, (2) try to guilt you into believing that you owe the money, (3) try to harass you into paying the money.

What does it mean to incur the obligation?  For example, your husband signed a contract with a credit card company, but you did not sign anything.  Now your husband dies and he owed $15,000.00 on the credit card.  You are not responsible for that money.  A ruthless creditor may try to talk you into making payments or signing something making you legally obligated to pay the debt.  Do not do it.  For more information contact Linde Law Group today!

Matthew A. Linde
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