Re: Credit balances and illness?
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by JerNTN
(24.158.147.91) on May 26, 2004 at 23:40:50:
In Reply to: Credit balances and illness? posted by anon on May 26, 2004 at 23:28:49:
How much is owed on the Chase account is usually the determining factor in what Chase will do. It also depends on whether it is a primary account or joint account. IF your friend's father has a large estate, they could possibly place a lien on the estate; however, that us very unlikely. Considering the medical expenses involved, it would probably be considered a hardhip case and upon his death, Chase MAY charge it off..... unless it's a joint account. THEN the surviving cardholder would be responsible for the debt.
Follow Ups:
Post a Followup
|