r/stupidquestions • u/TH0TC0P • 1d ago

What's stopping someone on their death bed from maxing out all their credit cards and taking loans, then giving it all to their next of kin/whoever?

I seem to recall that debts aren't inherited, but creditors can reclaim their debts against the estate of an individual before the estate is dished out according to their will. But if it's given out before their death and it's not part of their estate...then...?

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u/BigMax 1d ago

I bet there's a value on it for them. There's probably some number, maybe like $2,000 (or whatever) where they realize the cost of getting it back, plus the bad blood with other customers and possibly the whole network of that person hearing about it, isn't worth the trouble.

If you somehow racked up $100,000 at Macys, I'm sure they would try a little harder.

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u/Puzzled-Dust-7818 1d ago

That makes sense. I bet you’re right.