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Are you responsible for the credit card debt that the primary card holder your ex husband borrowed six years after divorce?
Wiki User
∙ 8y ago
There is a big difference between being responsible for something and being legally liable for it. Certainly, in your question, you would not be responsible. Whether you have legal liability depends on whether the account in question is a joint, or co-signed account. If it is, you are liable for the debt until it is paid in full.
You need to find out the exact status of this debt. The creditor may be able to tell you. Your liability will be determined by the original contract that was signed when the account was opened and has no bearing on your marital status.
Wiki User
∙ 8y ago
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Can your husband cosign on someone's home without your knowledge?
Yes. And if he does he will become equally responsible for paying the mortgage if the primary mortgagor defaults on their mortgage payments. The bank will go after him for 100% of the debt.
How can you get your name off your ex husbands credit cards?
Unfortunately, you probably cannot remove your name if your ex-husband does not demonstrate the creditworthiness necessary to excuse you from the account. Simply put, the creditor will reserve the right to collect from or sue all primary cardholders regarding the debt unless they believe that removing one applicant from the account will not substantially jeopardize their chances of receiving repayment. Most divorce courts do not consider the names on the accounts when determining who is responsible for repayment. If your ex-husband decides not to pay or misses payments, it could lower your credit score. You may wish to send a copy of any divorce decree that shows that you are not responsible for that credit card to the card issuer. That may be enough to convince them to remove your name from the account.
Does cosigner have to pay back loan if original signer dies?
Yes. That's the reason the lender required a co-signer. They are responsible for paying the loan if the primary borrower does not.Yes. That's the reason the lender required a co-signer. They are responsible for paying the loan if the primary borrower does not.Yes. That's the reason the lender required a co-signer. They are responsible for paying the loan if the primary borrower does not.Yes. That's the reason the lender required a co-signer. They are responsible for paying the loan if the primary borrower does not.
Can you be responsible for the primary user credit card charges even when you were removed from being an authorized user?
If you were only an authorized user and not a joint account holder, you should never be responsible for the primary account holder's debt.
Can you get a mortgage if you have co-signed a loan?
The lender will view the loan you co-signed as your debt since you are fully responsible for paying that loan if the primary borrower defaults.The lender will view the loan you co-signed as your debt since you are fully responsible for paying that loan if the primary borrower defaults.The lender will view the loan you co-signed as your debt since you are fully responsible for paying that loan if the primary borrower defaults.The lender will view the loan you co-signed as your debt since you are fully responsible for paying that loan if the primary borrower defaults.
If a husband is the primary on a loan and the wife is co-signer and they divorce who is responsible for a repossession?
Both, and the judge or attorneys on both sides will come to a conclusion on who pays what. Both are responsible though. If the wife was a home maker the entire marriage you might be in trouble.
If your husband dies are you responsible for his bills?
His estate has primary responsibility. The spouse will likely be held as responsible as well.
Is the husband responsible for medical care the wife signed for?
Typically the answer will be yes. The primary insurance holder will always be responsible.
Is a wife responsible for a medical debt of her husband's in Ohio if he was on her medical insurance and is now deceased?
Yes, she will be held responsible. The primary insurance holder is always responsible for the medical costs under
Is your husband legally responsible for your unpaid medical bills if he is the primary insured?
Yes, it is the responsibility of the primary insurance holder. The admission papers are also likely to have specified this.
Is a wife responsible for a medical debt of her husband's in Virginia if he was on her medical insurance and is now deceased?
The primary insurance holder will be held responsible. That is part of the agreement, they will have to pay.
Is a wife in Minnesota responsible for her dead husbands medical bills?
in any state wife is responsible for husband even if husband passed that is what insurance protects your loved one's from unfortunally she is responsible for all debts he has
What is my primary insurance my husband's plan at work or medicare?
If you are covered under your husband's plan and he is working, his plan is primary to Medicare. If you are not covered under your husband's plan, Medicare is primary.
In Missouri is a wife responsible for husband's medical debts?
It may depend on the insurance policy, as primary holder will always have a responsibility. And a spouse is considered to benefit from such services.
Your husband has died do you pay off his debt?
While the estate has primary responsibility, in most cases yes, the wife will be held responsible. They are deemed to have benefited from to goods and services.
With joint policy is husband penalized on car insurance if wife has accident?
yes, they are held responsible. if you have two cars, put safer driver on more expensive veh as primary, and make unlucky driver primary on older car.
If you get a divorce and it is stated in the divorce papers that you are not responsible for bills that you are not the primary account holder do you still have to pay them?
Hopefully, you had a divorce lawyer. You should ask your lawyer about the meaning of that clause. Your lawyer will have the entire divorce decree and not just the sentence you quoted. It may mean after your divorce, it may mean after a particular date, or it may refer to the fact that the two of you kept separate finances and your partner ran up large debts without your knowledge. Check with your lawyer.
