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What else can I help you with?
Can a spouses wages be garnished for the others debt Utah?
In some instances, yes they can. Is the spouse listed on the debt? An example would be a joint loan or credit card. If so, that makes the spouse legally liable for the debt. If not, then no, the wages cannot be garnished because the spouse is not legally liable for the debt.
Am I responsible for Joint credit card debt?
Yes. If a couple, or two people jointly opened a CC account, then they are both liable to repay the debt. If one fails, even if subsequently divorced, the other is still liable to pay.
Does South Carolina make spouses responsible for the others debt in their name only?
Under South Carolina law, debt that is incurred during a marriage is presumed to be marital debt. This would mean that both spouses are legally obligated for their share of the debt, regardless of the listed individual to the debt.
What is the liability for debt guaranteed by a spouse in Arizona?
In Arizona, both spouses are generally liable for debts guaranteed by one spouse, unless the debt was incurred for the benefit of only one spouse or the family.
Can a disabled ex spouse be responsible for debt which occurred during their marriage?
Being disabled has nothing to do with debt liability. If both spouses signed the contract, then both are liable. Also, there may be different debt liability in a community property state. You need to be more specific. State laws vary.
Is An individual who is not personally liable for a debt does not have ordinary income from the cancellation of the debt unless?
An individual who is not personally liable for a debt does not have ordinary income from the cancellation of the debt unless the cancellation occurs in a situation where the debt was secured by property that has declined in value or if the individual is in bankruptcy. Additionally, if the individual is solvent after the cancellation, they may need to report the cancellation as income. Exceptions also apply for certain types of student loan forgiveness and insolvency scenarios.
Are you liable for debt cancelled in bankruptcy?
No you are not, If you deglared bankruptcy, that cancels your debt
Is it wiser to repay smaller debt of same interest rate first?
Yes, it would be wiser to repay smaller debt of same interest rate first.
When filing Ch 7 what do you do about a credit card a family member got you on her account?
Nothing, other than your obligation to repay the person. Credit card debt belongs to the person who has the account. Authorized users and second card holders are not liable for the debt other than to the account holder.
In Nevada do you inherit your spouses debt when you get married?
yes
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.
What is Fiscal Crisis?
unable to repay ones debt
