after the cardholder dies unexpectedly, if there is still outstanding debt in his credit card, does the family need to repay this debt? According to the relevant laws and regulations of China, it depends on whether the debtor's legacy is enough to pay off the debt. Specifically, if the debtor's legacy is not enough to pay off the debt, the family will not be held accountable for paying off the debt. According to the provisions of the Inheritance Law, after the debtor dies, his debts should be paid off from the estate. If the estate is not paid off enough, the rest will not be recovered. However, in some cases, banks may force family members to pay off credit card debts on their behalf. For example, if the cardholder's family had joint liability or guarantee, they may be held liable for repayment. Therefore, if a family member holds a credit card and leaves outstanding debts after his accidental death, he can first check whether the cardholder has a guarantee or joint liability, and decide whether to accept the bank's request according to the situation.
what should I do if the cardholder gives away the credit card? If the cardholder gives a credit card to someone before his death, the donor shall bear the credit card debt left by the cardholder. Unless otherwise agreed in the gift contract, in this case, the donor does not need to pay any debts to the cardholder's estate.
In China, when a cardholder dies unexpectedly, his credit card debt can only be paid off from the inheritance. If the inheritance is not enough, the debt cannot be borne by his family or heirs. However, if a family member once had a guarantee or joint liability, he may be held liable for repayment. If the cardholder gives the credit card to others before his death, the debt will be borne by the donor.
Legal basis:
Article 36 of the Law of the People's Republic of China on Succession of States, where the rights and interests of the heritage are abandoned or abandoned by the heirs or legatees, or are owned by the state for other reasons, the debts of the indebted heritage shall be paid off according to law, and the remaining property shall be owned by the state.