You’re Dead? That Won’t Stop the Debt Collector

As if the economy isn't bad right now and people aren't experiencing financial hardship, the New York Times reports this week that collection agencies are now working to collect debts owed by the dead.

The article explains that trained employees are calling the heirs of the recently departed and very kindly asking them to pay up the outstanding balances on credit card debt, car loans, and the like. If an estate is filing an official probate proceeding, creditors have a process for filing claims against the decedent's property. Interestingly, that's not who these collection agents are calling. They're calling the relatives of people who have died...

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