In Chinese law, there has always been a provision that debts must be deducted from the inheritance. Therefore, if you want to cash out 200,000 from your credit card like crazy and die without paying back, this operation is not easy. Reality is difficult to achieve! First of all, if you don't have a lot of assets, you probably won't be able to apply for a credit card with a limit of 200,000. A credit card with such a large limit requires a credit mortgage to apply for it. Maybe you will say that you can apply for many credit cards from many banks. Under the premise that banks are tightening credit now, it is very difficult to do so!

Many people understand it this way when one dies, but is it correct? Right or wrong. After a person dies, if the credit card debt is not repaid, then according to the overdue time of the credit card, the bank will classify the debt into assets in the order of normal, special attention, substandard, doubtful and loss. The last three categories are non-performing assets and are in different stages. The bank will take measures such as phone collection and legal proceedings to deal with the problem.

If the cardholder is unmarried and has property during his lifetime, his property will be used to repay it; if not, there is no other way and the bank can only deal with bad debts. If the cardholder is married, the other spouse will also need to determine whether the debt needs to be repaid based on the situation. If the cardholder's debt occurred before the marriage, it is a personal debt and the other spouse is not responsible for repayment. When the debt is incurred after marriage, and the bank can prove that the debt is used for the joint life and business of the family, it should be treated as a joint debt between husband and wife!

The current law has clear provisions. If an heir inherits property, the decedent's liabilities will also be inherited and he will be responsible for repayment within the scope of the inherited property. If the decedent has no property to inherit, the bank can only write it off as a bad debt. The so-called debt is extinguished after death. But if someone has the ability to cash out 200,000 yuan, can he not own any property? Impossible, because in that case it would be impossible to apply for such a large-limit credit card, and it would be impossible to accumulate small amounts. Therefore, we should never make such an assumption of "nothing but profit". It makes no sense. It is better to work down-to-earth and work diligently to survive.