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The money is still a valid debt. The estate would have to pay the loan back. The loan may also have a co-signer that is still responsible for the debt. Consult an attorney to protect your rights.

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Q: After a death of a spouse in the state of NC does a unsecured loan have to be paid back?
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Related questions

Can the spouse income be taken to pay back support in Washington state?

Yes, it can.


Does a spouse have to pay back a loan of a deceased spouse if they are not a joint holder of the loan?

Depends on the state you live in. * If the married couple resided in a community property state the surviving spouse might be held accountable for the debt even though the loan was only in the name of the deceased spouse. In all other states the surviving spouse is not responsible for debt that is incurred solely by a living or deceased spouse.


What types of unsecured loans are the safest?

Unsecured loans are best used for small purchases. It is unwise to take a large unsecured loan due to the fact that more will be confiscated to pay it back.


If a man owes back child support and gets married can the new spouse be obligated to pay it back with income tax return in new york state?

She can file an Injured Spouse Form. see link


Can you get an unsecured loan with bad credit?

It is very difficult to get an unsecured loan with bad credit. This is because of the nature of the loan. When a person gets an unsecured loan, it means there is no collateral to back the loan up with.


Is the spouse of a deceased co-signer responsible to pay back a debt if the borrower goes bankrupt in the state of Georgia?

No. Georgia is not a community property state.


How do secure and unsecured loans differ?

With a secured loan, you back up your loan with some sort of financial guarantee like some assets. With an unsecured loan you only have your credit to back up the loan.


Do I have to pay my deceased spouse's bank loans in New York State?

The estate is required to liquidate such debts. In most cases the surviving spouse will be deemed to have benefited from the loans and be required to pay them back.


Can your spouse be held accountable for your back child support?

Stepparents are not responsible for their stepchildren. Your spouse is not responsible for your child(ren). However, the State may place liens on real and personal property, including bank accounts, even though your spouse is a joint owner.


Does Wisconsin have a death penalty?

No. In fact, Wisconsin was the first state in the US to abolish the death penalty, back in 1853.


Does a surviving spouse have to pay deceased spouse's back taxes when the surviving spouse never worked but was only a dependent?

No a spouse is not to pay the taxes which are due by her dead spouse.


In the state of Forida if a married couple files there taxes jointly can the new spouse be responsible for back child support?

Only as it applies to the tax return, if an "Injured Spouse" form is not filed. see links below.