1. What should I do if the person who owes me a credit card is no longer there
If the credit card holder dies but the credit card has not been repaid, the credit card holder owes me a debt. The debt should be repaid by the heirs of his estate. If there is really no ability to repay or there are no heirs, the bank will classify this part of the debt as bad debt.
If a credit card debtor disappears, the bank can apply to the People's Court to declare the debtor a missing person. After the credit card debtor disappears and the bank cannot find the debtor to repay the debt, it can file a lawsuit in the People's Court and request the People's Court to declare the debtor a missing person. After the People's Court declares the debtor a missing person, the bank can file a lawsuit with the property representative. The administrator files a civil lawsuit and requests the people's court to make a judgment on repayment. After the judgment issued by the court takes effect, the property administrator shall pay the property to the bank from the assets under custody.
If the cardholder had property during his lifetime, there may be a sum of money left at home, or there may be a bank that is not the issuing bank of the cardholder's credit card, then the bank has the principle of keeping confidentiality for depositors. If the cardholder dies due to an accident, such as a car accident, or a doctor's medical malpractice, etc. Then you may get a compensation payment. If the family members cooperate, the bank may recover the arrears. If they do not cooperate, the bank may sue the family in court. If the amount owed is greater than the legal fees, you may sue.
2. Can the account be closed if the credit card is overdue?
No. After the cardholder's credit card expires, the bank will not allow the cardholder to cancel the card or cancel the account. Cardholders need to pay off their credit card bills first and confirm that there are no installment bills or other unpaid charges before they can apply for credit card cancellation or account cancellation.
If the cardholder insists on canceling the card, just cancel the card. Because after canceling or cutting the card, the cardholder still has a certain credit record with the bank. If the cardholder wants to handle other loan business with the bank in the future, it does not mean that the account is empty. If the cardholder cancels the account, then for the bank, the user is equal to a white account. It will be much more difficult to apply for other credit services.
Card cancellation refers to the cancellation of a single card, that is, the cancellation of a certain credit card in your hand. Account cancellation refers to the cancellation of the entire account, and all credit card accounts in the corresponding bank are cancelled. Once the card cancellation application is approved, it will take effect immediately. When cardholders apply for account cancellation, they generally need to wait for 45 days, and within these 45 days, they cannot use the credit card that initiated the account cancellation for any consumption. Once consumption is made, the account cancellation will fail.
If the credit card holder dies, his estate must be used to repay the debt. If the credit card is overdue, the account cannot be closed, which does not meet the requirements. To apply for a credit card, you need to choose formal channels. You can go to the bank's business branch to submit an application, or you can log in to the official website of the card-issuing bank to operate. The overdraft limit of a credit card is determined by the bank and will be confirmed based on the cardholder's personal income and the amount of guaranteed assets.