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In North Carolina medical bills are joint debt. Credit card bills are only owed by the individual who's name they are in. Even if another person is an authorized user they are not responsible for the debt.
What else can I help you with?
In Oklahoma am I responsible for debt that my ex husband incurred during the marriage if it is in his name only?
Yes, in Oklahoma a spouse is responsible for their exes debt during marriage. If the debt benefited both parties than both parties must pay. An attorney can help you explore your options.
Who is responsible for marital debt?
Both of the spouses are responsible for the debt. They both benefited from the debt, so they are held responsibility.
Before getting divorced one spouse builds a lot of debt are both parties responsible?
Depends on the state and a judge's ruling.
How can a credit card company collect debt from spouse of deceased in Missouri?
It is certainly possible. It will depend on how the credit card was set up. If it was obtained under both names, both parties can be held responsible for the debt.
If both spouses are listed on mortgage can one sign the debt over to the other?
One party can sign an agreement to hold the other not responsible for the debt, for example, in a divorce agreement. However, the lender is under no obligation to honor that agreement. If the person who agrees to pay the mortgage defaults the lender can and will hold both parties equally responsible for the debt. The credit of both parties will be ruined and the bank may go after any assets owned by the "non-responsible-by-divorce-agreement" party. The only way to become free of the mortgage obligation is to refinance in the one name who agreed to take over the debt and pay off the old mortgage.
Is a wife responsible if the credit card debt was in her husband's name in North Carolina?
No. The person named on the credit agreement is solely responsible for all debts incurred on the card. The only exception is - if the account is in joint names - and BOTH parties signed the agreement. In that case - each signatory would be equally responsible for the debt.
If both parents die who is responsible for the debt?
The estate.
Who is responsible for previously acquired debt brought into a marriage?
Whoever had the debt is responsible. Any carry over debts do not count in the marriage. What you both get into debt together is what counts.
What if both husband an wife are on the title but not the mortgage and they get divorced?
The person who is on the mortgage is legally responsible for paying the debt. If the debt is not paid the bank will take possession of the property. The division of the property will be addressed through negotiation by the attorneys representing the parties or by a judicial order.
When is a debt considered paid or resolved?
When both parties agree its been paid.
Who is responsible for a debt the couple is separated and wife is at the residence and a summons was served to the wife.?
If the couple acquired the debt while they were together, then both of them are responsible. Additionally, the summons will show who is responsible for the debt by naming the individuals who are being sued.
If a loan is in both husband and wifes name who is responsible for the debt?
Both of you, together and individually!
