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FTC Consumer Alert: Debts of Deceased Relatives

Foreclosure-Invoices.JPGThe Federal Trade Commission recently released a consumer alert to help people who may be concerned about debts of deceased relatives, and whether or not they are responsible for those debts.

Paying the Debts of a Deceased Relative: Who Is Responsible? explains a surviving relative's basic rights under the Fair Debt Collection Practices Act, including what you should do if a debt collector calls about a deceased relative's debts.

For more consumer information about debt collections, visit the FTC's consumer facts page on credit and loans.

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