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Is It Possible to Inherit Credit Card Debt? Here’s What You Need to Know Before It’s Too Late

When a loved one passes away, many worry about inheriting their credit card debt. The good news is, in most cases, you won't inherit credit card debt unless you were a joint account holder or co-signer. Instead, the deceased's estate is responsible for paying off debts, and if there aren't enough assets, the remaining debt may be written off. This article explains the process, who is responsible for the debt, and how you can protect yourself and your family from debt inheritance.