Ascension point recovery services5/20/2023 But keep in mind, this is a moderated blog. Your thoughts, ideas, and concerns are welcome, and we encourage comments. The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. You still might be sued or have debt reported to a credit bureau.įor more information, read Debts and Deceased Relatives. Stopping the calls won’t cancel the debt. Just send the collector a letter telling them to stop contacting you and the estate. If the collection calls get to be too much, you can stop them. But, if the collector sends you written verification of the debt, they can start contacting you again. By law, the collector then must stop contacting you – though the debt doesn’t go away. Once you get the validation notice (which says how much you owe, to whom, and what to do if you don’t think you owe the debt), you have 30 days to send the dispute letter. Be as specific as possible about why you think the debt is wrong – but give as little personal information as possible. If you think you don’t owe some (or all) of the debt, or you just don’t recognize it, send the collector a letter disputing it. If the deceased left debts and no assets, it’s usually not your responsibility to pay. It’s illegal for them to harass you to pay the debt yourself. Debt collectors cannot lie or imply that you or any other family member legally has to pay the estate’s debts out of your own pocket. Debt collectors may not bend the truth to make you pay.But they can call each person only once, and they can’t get into the details of the debt or ask the relative for payment on these calls to gather contact info. If they don’t know how to reach the right person, they can contact other relatives to ask for the correct contact information. The debt collector may not talk to anyone else about these debts. Collectors can discuss the debt with the deceased person’s spouse, parent (if the deceased was a minor child), guardian, executor or administrator, or any other person authorized to pay debts with assets from the estate. Debt collectors may only talk with certain people about a deceased person’s debt.Learn about other possible exceptions to the rule here. For example, you could be responsible if you were a co-signer, or in some cases if you’re the person’s spouse. If there isn't enough money in the estate to cover the debt, it typically goes unpaid. The deceased person’s estate owes the debt. But that doesn’t (usually) mean you owe it, either. A debt doesn’t go away when a person dies.If you’re in this situation and a debt collector calls, it’s important to know who is responsible for those debts, and what a debt collector can - and cannot - do to collect payment. Dealing with a debt collector calling about their debts can make it even harder. Identity Theft and Online Security Show/hide Identity Theft and Online Security menu itemsĮspecially during this time of crisis, dealing with the death of a loved one is hard.Unwanted Calls, Emails, and Texts Show/hide Unwanted Calls, Emails, and Texts menu items.Money-Making Opportunities and Investments.Jobs and Making Money Show/hide Jobs and Making Money menu items.Credit, Loans, and Debt Show/hide Credit, Loans, and Debt menu items.Shopping and Donating Show/hide Shopping and Donating menu items.
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