My husband has several credit cards in full swing...He pays on them...To
whom the are for I don't know or what has been charged on them....
In no way can I pay for these after his death....what can I do....
credit card debt is reserved to all the names that were used when the credit card was applied for so even in divorce situations where the judge has split the debt it is not legally removed from you if your name was on the account
In general, you are not responsible for your spouse's credit card debt in Canada unless you have jointly signed for the debt or benefited from the purchases made with the card. It is always advisable to seek legal advice tailored to your specific situation.
none. how does putting your spouse in your debt help their score?
depending on who was using the card, that's who's fault it would be... I'm going to assume since it was your spouse's credit card, that your spouse is then responsible for it.
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.
No.
Interest does not accrue on credit card debt after the card holder is deceased. It can occur however, if the spouse is on the account.
If the debt was made when they were still married the answer is yes. STATED BY AUTHOR
The estate is primarily responsible. However, a spouse is normally considered to benefit from such debt and can be held responsible.
Yes. STATED BY AUTHOR
In most cases they will be held responsible. The spouse is considered to have benefited from 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.