Law Offices of Loomis & Greene

Every once in awhile, we get a question at our law offices that we wish we didn’t have to answer. One such case is when a client comes to us after their spouse has passed away, asking if they have to pay off the debt that their significant other acquired while they were alive. These are tough conversation because the spouse, on top of dealing with the death of their husband or wife is stressing about having to pay substantial amounts of money.

A Bit of Good News…dreamstime_xxl_11029019

Thankfully, we get to give a bit a good news in these situations most of the time. While the majority of states are community property states, in which case the surviving spouse may have to pay back the debt, Colorado is a marital property state. This means that someone in this position will more likely than not be able to avoid paying the debt of the deceased spouse.

In most cases, what is required is that the spouse contact the credit card company and inform them of their spouse’s death. The credit card company will then likely request that the surviving spouse send them a copy of the death certificate to verify. A letter that indicates that the living spouse does not have enough money to cover the debt should also be included.

Get the Help You Need

For the best success in a situation like this, reach out to the expert litigators at the Law Offices of Loomis & Greene. We can help you through the process of contacting the credit card companies and make sure that everything goes as smoothly as it possibly can.

Testimonials

Thankful for the mentoring and guidance

Kurtis, I wanted to send you a quick note to thank you for your mentoring and guidance today. Your professionalism and kindness eases a little of the pain and embarrassment during these hard times. I …Read More

B. Rucker

Very satisfied, was a wonderful experience

I would like to sincerely say thank you for representing us through this difficult time in our lives with our bankruptcy. Today we had the opportunity to sit through seven cases before our own. Had we…Read More

Clinton V.

Saved my parents’ home, Mr. Loomis is a godsend

My elderly parents had to file bankruptcy. We asked around for a recommendation and Mr. Loomis was the only name we heard. It was very difficult for my parents to deal with this situation they were af…Read More

Pat R.

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