Yes because when you get married you are one so your spouse whould be responsible for their debt because that means their in debt to
In Arkansas the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
No, if the wife is not an authorized user on the credit card then it does not affect the wife's credit report. So the late payment will only be on the husband credit report.
Yes, The insured can add a spouse to the policy as a co-insured. You don't have to be on the deed.
Yes on a Jointly filed return they can. Everyone that signs a tax return is individually and severally responsible for ANY tax due on the return. Having said that there IS a work-around. You have to prepare and submit an Injured Spouse form along with the jointly filed tax return. Then you can get any portion of the refund that would have generated for you if her deficiency was not taken into account.
Although Arizona is a community property state an innocent spouse defense might be applicable in such a situation. The issue should be throughly addressed with the person's legal counsel. If the spouse is relieved of the debt it would be possible to have it deleted from any credit report it may have been entered. Joint accounts remain the liability of both debtors, regardless of their marital status. This is true when the joint debtors are ex-husband and wife, former business partners or in any other way affiliated with one another. Creditors do not care if you are now divorced, nor are they concerned with the terms of a divorce decree. If they have a wifes' name on a contract (the contract which established the debt), they will not release her from liability. The debt will also remain on her credit report for the full time allowed by law. Legal actions to recover the money will be taken against her the same as her ex-husband. These include: lawsuits, wage garnishments, seizure of banking accounts and liens against any real property (as allowed by state law). If one account holder has their portion of the debt discharged by bankruptcy, the remaining spouse will be 100% liable. The ex-wife MAY be able to sue her ex under civil statutes to recover the money, or may be able to exercise her rights under family law statutes (through the divorce court), but this would have no impact on her liability in the creditors' eyes or on her credit report.
The assets of a husband and wife are considered to be merged. He is responsible for his spouse's debts.
In Arkansas the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
Only if your were a co-applicant. If not, your wife's estate is responsible for paying the debt. If she has no estate, send the credit card company a copy of the death certificate and let them know that there will be no estate set up.
No you still gotta pay
Both of you, together and individually!
Yep
A wife's (spouse's) money is only protected from the husband's (other spouse's) creditors if any of the following are true: * The couple lives in a non-community property state and the loan/credit account is only in the husband's name * The couple lives in a community property state, the loan/credit account is only in the husband's name, the loan existed before the marriage and has provably not been used in any way to benefit the wife
Probably. In most cases the debts of the deceased are the responsibility of the estate. Anyone that was also a co-signer on any of the agreements might also be responsible. Consult a probate attorney in your jurisdiction for help.
No unless his name is on any debt or contract.
No, if the wife is not an authorized user on the credit card then it does not affect the wife's credit report. So the late payment will only be on the husband credit report.
Yes, The insured can add a spouse to the policy as a co-insured. You don't have to be on the deed.
In the state of Missouri, the wife automatically inherits property of her deceased husband. When either spouse dies, the surviving spouse has an undivided interest in the whole property, and the right to sole ownership.