0
Can life insurance benefits be seized to pay credit card debts of the deceased?
Wiki User
∙ 17y ago
Creditors can attach any assets of the deceased to make sure they are paid. If the debt is legitimate, the estate is obligated to pay. Credit card debts are among the most easily documented debts so it's doubtful that you can prove that the debt is not legitimate. * If the policy names a beneficiary the death benefits are not subject to probate procedures nor can they be attached by creditors for debts owed by the deceased.
Wiki User
∙ 17y ago
Add your answer:
Earn +20 pts
Can life insurance benefits be seized by the IRS for back taxes?
Almost any asset you have can be seized by the IRS on a claim or judgement.
Will your auto insurance cover your auto if seized?
If stolen yes, if seized legally (say as a debt or by the police) no.
Can you stop your child from receiveing payments from your diablitiy benefits if they do not live with you?
If you are receiving benefits from Social Security Disability Insurance (SSDI), child support can be taken from your SSDI payments. However, if you are receving Supplemental Security Income, that cannot be seized for child support.
Will your car insurance cover if your car engine seized?
no u have to pay for it
Will your auto insurance cover your auto if the enginE SEIZED?
No, your insurance is not a warranty on your car. However, why did it seized? Was it because the oil change company didn't put oil in the car after the oil change? Then you need to file a claim with the oil change company's insurance. However, if it is simply a mechanical issue, then no, they won't cover your auto.
Can veteran benefits be lost?
yes. Veterans benefits can be seized under certain conditions ie if you lied to get them, if you submitted fraudlent paperwork, if your dd214 was altered (and it's caught), etc.
Can 401K funds be subject to garnishment for credit card debt?
No 401K money cannot be seized for virtually anything. If by garnishment you mean your collecting from the 401k - there are many ways that income can be seized, just not while it's in the 401k.
Can IRS seize credit union account for back taxes?
Yes. A credit union has savings and checking options and either one or both can be seized to repay a delinquint IRS debts for back taxes
What are the consequences to not having car insurance in Texas for a student driver?
Insurance is mandatory for all drivers in Texas. Student drivers may be insured on their parent's policy, but this is not always so. If you are stopped and do not have insurance, you may be fined, have your license suspended, or have your vehicle seized.
Can you give me seized in a sentence?
The engine has seized up! Pirates have seized the port!
Can a credit card company request payment on a 6-year-old debt if you live in Ireland?
Yes. A creditor can request (even demand) payment of any debt regardless of the length of time or the status of the debtor, (even a deceased one). Whether or not the creditor has legal grounds to instigate litigation against the debtor so that the debtor's personal or real property can be attached or seized, is an entirely different matter.
What is a homophone for seized?
sized is the homophne of seized
