Credit Card Debt After Mother's Passing - Can They Come After Her Paid Off Car Or Can It Be Passed On To Me/siblings
Location: Roanoke Virginia area
Sadly, my mother passed away suddenly this week. My mom was divorced, on medicaid, and her only income was $900 per month from social security. She divorced her husband about 3 or 4 years ago and used what little she got from his retirement to buy a new 2021 subaru crosstek that she used as her daily driver. She also had a bad gambling habit and in the years after her divorce she racked up credit card debt (we dont know how much but we assume around 20k). That she never paid.
My mom had virtually no assets. Roughly $800 in her bank from her November social security check and her car. Her ex husband was gone most of the year with work and kind enough to let her live at his house the past couple years for free in exchange for house sitting.
My mom had 3 kids, me, my brother, and my sister. We have been talking and if the car were to pass down to us I would take it and pay my brother and sister their share as my wife has been looking for a similar car and Id make it hers. We estimate my moms Subaru crosstek with 34k miles might be worth 20k at most.
Ive looked it up, and apparently we can go to the DMV with my mother's death certificate and have the title transfered to me with a simple form but Im curious if the credit card companies could come after me/us for the car as her only asset? If so, is there a way around this?
[link] [comments]
Popular Products
-
Pet Oral Repair Toothpaste Gel$59.56$29.78 -
Opove M3 Pro 2 Electric Massage Gun$901.56$450.78 -
Portable Electric Abdominal Massager ...$45.56$22.78 -
Bee Venom Capsules for Joint Support ...$43.56$21.78 -
Ashwagandha & Black Cumin Seed Oil$43.56$21.78