Question: What legal rights do credit card companies have to recover debt from someone's estate?

Answer: They typically have a right to make a claim against the estate if the estate is open and to open the estate to get their claim paid if one has not been opened. They very rarely if ever do this in my experience. See if statute of limitations may apply.

Question: How do you get a credit card if you are under 18 and do not have credit?

Answer: You can't. The age of "legal" majority is eighteen. There are no CCC's that will enter into a contract with a minor

Question: Can you transfer your son's credit card balance to another card?

Answer: Yes however this is only limited to another card by the Same person (can't transfer Son's funds to your own) there may be a loop hole in this as you may be able to transfer to another card in which he is on another card under you.

Question: Do you need to write a letter to close your account?

Answer: You will need to consult the customer service dept. where the account is held. Usually you can close the account over the phone, but need to follow up with a letter. It would be in your best interest to send a certified letter asking for the account to be

Question: How many numbers does a credit card normally have?

Answer: There is no set number. My major credit cards all have 16. Typically, VISA numbers begin with 4, Master Card with 5 and Discover with 6.

Question: What happens to the interest rate on your credit card if you've filed for Chapter 7 Bankruptcy?

Answer: If the credit card was included in the Chapter 7, nothing happens. The account will be closed by the creditor and the amount owed including any accrued interest is wiped out.

Question: Does checking your credit report hurt your score?

Answer: Here's what I've heard: Checking your score, by law, cannot affect your credit score. However, if several companies check your score in a short time (say you applied for several cards at once), then this will temporarily hurt your score.

Question: If a couple is married and one has a credit card in his or her name only who is responsible for this bill?

Answer: This depends on what state you live in. If you live in a community property state, all property and all debts are considered joint, whether or not one spouse did not sign the CC agreement.

Question: Can you transfer your credit card balance to another person's card?

Answer: No. That other person could, if they wanted to take responsibility for its repayment.

Question: What happens if you get sued by the credit card company but you can not pay the debt?

Answer: If the company wins a judgment, which is more than likely. Not having the money to pay a debt is in "legalese" not a valid defense. The creditor has several options, the usual one is to have assets that are easily liquidated and sold by the trustee. That