Thursday, September 8, 2011

Dunning the Dead

Open note to anyone that knows me; don't pay any damn bills any company duns you for.

They amount to medical bills from people compensated by Medicaid any way or stem from the fact the US of A Merry Ca has for profit medical system that refuses or limits care to the uninsured and indigent.

So boil down my carcass for soap or bury with buttocks up so creditors can kiss my gluteous maximus, unless of course I hit the lottery.

[NEW YORK (CNNMoney) -- Nobody wants to remember a deceased family member by the debt they left behind, but many creditors certainly make it difficult to forget.

Denise Townley was appalled when she received a letter from her mother's credit card issuer less than two weeks after her mother passed away.

"We have recently learned that [your mother], a valued Discover Card customer, has passed away. Please accept our sincere apologies," stated the letter from Discover, which Townley sent to CNNMoney.

It then offered her or another family member the "opportunity" to assume the balance on her mother's credit card and offered a special introductory APR of 0% for the first six months (the APR would increase to 13.24% after that). If Townley wasn't interested in taking over the account, then the bank wished to discuss how the estate planned to pay off her mother's credit card balance. Confessions of former debt collectors "I find this not only ethically abhorrent, but also irresponsible and insensitive on both parties' parts," said Townley.

But while it may be "ethically abhorrent," it's not illegal. Banks are within their rights to seek payment for debts owed by a deceased borrower, and the estate is liable for the debt if it has enough money.] (Do I need to add any emphasis?)

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