dodger5588
New Member
Not sure which forum to post under, but I'll try here first. I live in Ohio, and my mother just passed away. She has no estate besides a life insurance policy for 10k, in which I am the beneficiary. She lived with her boyfriend, and has numerous credit cards and accounts listed both solely and joint with him. I am not signed on with or co-signed on any loans or credit cards of hers or his. I realize that her boyfriend is responsible for any credit that he is cosigned for, but I have a couple questions about credit collections.
1. Is her life insurance considered HER estate. I am being told by a lot of people that I won't have to pay any of her debt with the life insurance policy, but I would like to be sure before I find out differently.
2. She had taken out loans for a car and a computer. I am letting the bank take the car back. She took out the loan directly from Dell, so now that she's deceased and I have possession of the computer, when I contact Dell to let them know that she can't pay will they demand the computer back or is it written off by Dell. I don't know if the Dell loan is different than regular credit cards because the loan is directly through Dell, and with her credit card charges I won't be required to return the items she bought with the credit cards.
1. Is her life insurance considered HER estate. I am being told by a lot of people that I won't have to pay any of her debt with the life insurance policy, but I would like to be sure before I find out differently.
2. She had taken out loans for a car and a computer. I am letting the bank take the car back. She took out the loan directly from Dell, so now that she's deceased and I have possession of the computer, when I contact Dell to let them know that she can't pay will they demand the computer back or is it written off by Dell. I don't know if the Dell loan is different than regular credit cards because the loan is directly through Dell, and with her credit card charges I won't be required to return the items she bought with the credit cards.
