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You do not have to do it out of your own pocket in New York. If you are the executor of the estate, yes, insomuch as there are assets to pay them with. If the debts exceed the assets, you may have to sell the house or other assets.
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Can a wife be held responsible for her husbands debt in Missouri?
In most cases, yes, they will be responsible. They are considered to have benefited from the goods and services.
In fl is a wife responsible foir a deceased husbands mortgage debt?
I'm not trying to be funny, but if you were married (legally) to him at the time of death, yes - who else would be responsible for it?
Can an ex wife be responsible for her husbands debt even though it was not in her name but she was the one that caused the debt?
No i don't think so because its in your name. i wont really know but that's what i think any way
Is a wife responsible for husbands credit card debt?
If they are a cosigner for the debt, yes. Just because they are married doesn't make them automatically liable for the others debt, but it may very well make them responsible for it. Why is this? Because when you are in a boat sitting on opposite ends, when Evan a small ripple or change in weight can topple the boat. Sit in the middle, and co-ordinate your efforts...
Is wife responsible for any debt if the husband cosigned a loan for their son in a divorce?
It's up to the judge and the laws in your state, but probably not. Likely you will be responsible for your exclusive debt, she will be responsible for her exclusive debt, and you will split shared debt and assets.
Is a wife responsible for any debt of her husbands prior to marriage?
No
Are you responsible for your husbands unsecured debt?
The spouse is considered to benefit from the debt. Yes, the spouses share responsibility.
In Texas is the wife of a deceased husband responsible for the husbands debt?
She is not directly responsible. The estate is going to be responsible. And since she will likely be getting the bulk of the estate, paying off the debt will reduce her amount.
Can a wife be held responsible for her husbands debt in Missouri?
In most cases, yes, they will be responsible. They are considered to have benefited from the goods and services.
Does a wife have to pay assume responsibility for her husbands debt?
She is not directly responsible. The estate is going to be responsible. And since she will likely be getting the bulk of the estate, paying off the debt will reduce her amount.
Would a parent be responsible for their deceased adult childs debt in NY state?
NO
In NY state are you responsible for credit debt when your father or mother pass away even if you are an authorized user?
No. Authorized users are NOT responsible for credit card debt, regardless of the state of residency.
In fl is a wife responsible foir a deceased husbands mortgage debt?
I'm not trying to be funny, but if you were married (legally) to him at the time of death, yes - who else would be responsible for it?
Is wife responsible for dead husbands credit card debts in ny?
Yes, if you share assets then the credit companies will consider you responsible and come after you for the unpaid debt. You may consult a credit councelor, they may have a loophole that the general public doesn't know about.
Is a wife responsible for husbands credit card debt after his death with no estate or will?
If the card is in his name, only, there may be an out. You will need to get legal help.
Are you responsible for your deceased husbands debt if there is no estate?
The estate will be responsible, so it would be a good idea to open one. The spouse indirectly will pay, as they cannot inherit until they are resolved.
Is a executor in NY state responsible for debt if it is more than the assets?
The executor is not personally responsible for the debts. If the estate is not sufficient, the debtors will not get paid in full.
