The simplest answer is that your spouse inherits the debt.  Of course, credit laws vary in each state but it’s the most likely result.

That means your spouse will be the one receiving the calls (and occasional harassment) from debt collectors about the unpaid debt.  In some instances, as has been reported in several news sources recently, they’ll even try to retrieve the debt from other family members.  Of course, everyone save for the spouse are not liable and the technique is actually just an attempt from the debt collection agencies to try to make a score.

If you want to protect your spouse from the headache of dealing with your own credit card folly after you’ve moved on, consider the following options:

1. Consult A Lawyer

A lawyer should be able to advise you on the best recourse to in the event that you pass away, helping you find ways to protect your assets and your spouse from getting the brunt of the liability.

2.  Term Life Insurance

Try taking out a term life plan that should yield enough to cover your existing debt.  That way, if you do pass away, the problem of your debt no longer has to burden anyone else you leave behind.

3. Renegotiate Your Debt

You can renegotiate on your own or you can seek the help of a negotiation expert, who can shave off considerable amounts from the balance you owe from credit card companies.