The basic assumption is that yes, the spouse is jointly responsible. It is assumed that both spouses will benefit from the transactions.
Not unless both parties signed the credit agreement etc.
Yes. STATED BY AUTHOR
If the two of you are married, I believe you are responsible.
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.
Typically they are going to be responsible. Both are considered to have benefited from the transactions.
In North Carolina the estate of the deceased is responsible for the debts. Indirectly, the spouse is going to pay the debts, either by a smaller inheritance or as a beneficiary of the goods and services purchased by the spouse.
No. Florida like several other states treat marital debts as being separate when they are not jointly incurred.
Only if the married couple reside in a community property state or the spouse is a joint account holder. An "authorized user" is not considered an account holder and is not legally responsible for debt incurred on a credit card account.
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
Yes. The person who the insurance is through can.
If a spouse has a credit card in their own name & the other spouse isn't listed on it, bad credit won't affect the second spouse. But, if you both apply for a loan or other credit - the credit bureau will check both parties credit reports.
The spouse will indirectly be responsible. The estate must resolve all debts. Until that is done, the spouse cannot inherit anything.
Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.Generally, no other relatives except for a spouse is responsible unless they agreed to be responsible in writing. A person's estate is responsible for paying their debts.
I divorced my husband and had the credit card debt negotiated so that he was the responsible party for paying the debt. He does not pay on the debt therefore I found out that I am liable for the debt because the card was opened in both names.
Yes, so be careful. You have to be sure that you will stay with your spouse.
I think that the other spouse is untitled to half of what the two had together, which includes the amount of money.
No. The credit card debt will become a part of the probate procedure and will be handled according to the distribution laws of the state in which the person resided at the time of his or her death. Please be advised, it is not unusual for a creditor/collector to attempt to convince a surviving spouse that they are responsible for the debt especially if said spouse was an authorized user of the account. Be that as it may, the surviving spouse or other family members are not responsible for the debts of the deceased unless they were a joint account holder.
the person who opened the account. (wife,husband). for example. if the wife had registered the credit card, she would be responsible for anything that has to do with the credit card. unless, the husband damaged or took over the credit card account. who ever's name the account is under is held responsible. If one spouse refuses or will not pay debt they are not forced to, however they will check if the other spouse is willing to pay. either way one will have to pay or take hold of the credit card. Then someone will be forced to or both may have to come up with an even amount of money.
Not unless the spouse signed the debt paperwork. However, will they chase one spouse to get to the other spouse, yes they will.
In most cases, yes, they can be held responsible. They are considered to have benefited from the note.
In Ohio, if the debt was owned jointly, then yes, you are responsible. If if wasn't, they cannot make you liable for another's debt. This is in Ohio. Credit reports are held in both owners name, if they are co-owners or own the debt jointly, such as a home mortgage. If the credit card is owned by spouse1 and spouse2 does not have permission to use it, then spouse1 is the only responsible person for that debt. Spouse2 cannot be held responsible - in all financial transactions in the state of Ohio, even if the debt has incurred from some other country or state. Wherever you reside determines the law for the consumer. Check your state for that.
Ask this question to a lawyer. Some lawyers offer free consultation for upto an hour. Asking this type of questions on web may get you wrong advise.