When a loved one dies, the emotional toll that this loss can take on you
can understandably leave you feeling incapable of handling the everyday
tasks of life for a little while. This kind of emotional and physical
draining that accompanies the loss of a loved one is one of the primary
reasons that many employers offer bereavement leave. It is also one of
the many reasons that caring individuals often bring food and run errands
for those who are grieving. There is widespread acceptance for the idea
that grieving individuals should be taken care of and should not shoulder
everyday burdens in the immediate aftermath of their losses.
However, the financial and consumer industries are not always so accommodating.
If your spouse, partner or child has died while in debt, organizations
within these industries may come after your finances directly within days
or weeks of your loved one’s passing.
If you are the spouse, partner or parent of a minor child with
debt problems, some of these debts may indeed become your responsibility. However, many
debts that are not your legal responsibility may be presented by banks,
creditors and other organizations as if they are your responsibility.
If you are being hounded by creditors in the wake of your loved one’s
death, do not panic and do not assume that you are responsible for paying
off all of these debts. Before you act upon debt notices, speak with an
attorney experienced in financial matters. He or she can help inform you
of what the law is, which debts you are protected from and which debts
you may indeed have to pay.
Source: The Huffington Post, "
It's A Matter Of Life... And Debt: Know Your Rights," Carole Brody Fleet, Jan. 13, 2014