Not on a personal level. Typically the estate is responsible for paying the debts, including the credit cards. If an heir co-signed any paperwork regarding the credit card, they may be held liable.
The estate is primarily responsible. However, a spouse is normally considered to benefit from such debt and can be held responsible.
No, Rhode Island is not a community property state and an authorized user is not responsible for the debt incurred.
Illinois is not a community property state, therefore a spouse who is not a joint account holder is not responsible for the credit card debt of the other spouse.
If the credit card company has filed a claim against the estate the debt must be paid before any assets can be distributed to the heirs. In any estate the debts must be paid first. The heirs get any assets that are left after the payment of debts. If the estate doesn't pay the bill the creditor can force the sale of the real estate to collect the debt. If the property is the only asset and the heirs want to keep it then the heirs must pay the credit card bill.
You are because you incurred the debt.
If the estate has any assets, the estate should pay for the debt before anything is passed on to the heirs. If there are no assets the credit card company will just have to write it off. You are not held responsible unless you co-signed for the card.
The debts are paid from the deceased's estate, before the heirs inherit what's left (if anything). Debt is not inheritable though, so if the estate isn't enough, the heirs are not responsible for the remainder.
It all depends on what state you live in. Contact the credit card companies they can tell you
The estate is primarily responsible. However, a spouse is normally considered to benefit from such debt and can be held responsible.
If the person left a Will then Probating the Will will pay all debts the person has left behind and what is left in the Estate (is called 'residue) and this is what is left for the Heirs in the Will. If the person dies without a Will whatever they have is sold and debts paid off, but it's not up to next of kin (unless their name is on the credit card application) to pay the debt. Example: If a husband passes away and the husband and wife's name is on the Credit Card (it usually is) then the wife is responsible for the Credit Card debt.
No, Rhode Island is not a community property state and an authorized user is not responsible for the debt incurred.
No. Authorized users are NOT responsible for credit card debt, regardless of the state of residency.
The estate is responsible to pay outstanding debt before being distributed to the heirs.
The actual account holder is the person who is responsible for the debt. If a married couple reside in a community property state, they are usually equally responsible for debts, including credit card accounts.
Actually, the answer is the credit card holder is responsible for the debt if single, otherwise the spouse may be responsible for a partners debts. If it was made while they were married, otherwise, the bank can't collect the debt.
Illinois is not a community property state, therefore a spouse who is not a joint account holder is not responsible for the credit card debt of the other spouse.
The estate is responsible for the decedent's credit card debt.