Only if the person were a joint debtor. If the person did not jointly incur the debt nor enter into a financial agreement as a cosigner he or she is not responsible for that debt.
In most cases they will be held responsible. The spouse is considered to have benefited from the debt.
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
Normally the spouse is held liable for the debt. The presumption is that they benefited by the goods and services.
They are typically going to be held responsible. The debt is used to buy goods and services. The spouse is considered to have benefited from these debts.
In most cases, yes, they will be responsible. They are considered to have benefited from the goods and services.
Both of the spouses are responsible for the debt. They both benefited from the debt, so they are held responsibility.
You are not responsible for your sibling's debt unless you co-signed and agreed to be responsible for it. If you co-sign for a debt and the primary borrower doesn't pay then you will be held responsible for repayment.
Yes a parent can be held responsible for a minor child's debt if the parent co-signs on a loan with the child. For credit cards, if the child is an authorized user on a parent's account the parent is also responsible for this debt.
If you were unauthorized, you can be held legally -- and possibly ciminally -- responsible for any debt you incurred.
In most cases they will be held responsible. The spouse is considered to have benefited from the debt.
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
The borrower, i.e., the person who signed the note, is responsible for payment. If the borrower has died their estate is responsible. If there is no estate the creditor is out of luck. If there was a co-signer then they will be held responsible for paying the debt.
Sadly, no.
Normally the spouse is held liable for the debt. The presumption is that they benefited by the goods and services.
It depends on the type of debt. The estate is going to be responsible for the debt in most cases. Which means it has to be paid before the spouse can take anything from the estate.
They are typically going to be held responsible. The debt is used to buy goods and services. The spouse is considered to have benefited from these debts.
If your daughter has reached the age of majority, no, you are not. If she has not, you can be held responsible for providing for her welfare.