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In New Jersey is a spouse responsible for the credit card debt of her husband if the credit card is solely in his name?
Wiki User
∙ 15y ago
No.
Wiki User
∙ 15y ago
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If a credit card is solely in the name of a deceased wife is the husband responsible for the debt?
Only if the married couple resided in a community property state.
Is a wife responsible if the credit card debt was in her husband's name in North Carolina?
No. The person named on the credit agreement is solely responsible for all debts incurred on the card. The only exception is - if the account is in joint names - and BOTH parties signed the agreement. In that case - each signatory would be equally responsible for the debt.
Who are solely responsible for credit card defaults?
It may not be a "sole" party...it is everyone that signed as a responsible party (primary and co-signers) for the line of credit that was used....they are responsible to pay the charges and therefore are responsible if it is in default and the charge hasn't been paid.
Who is solely responsible for a wife's credit card debt?
if it is under your name and she is an additional card holder but the bill comes to you I think you are responsible for the debt.It might be worth asking your credit card provider.
In Texas is a spouse responsible for credit card debt that is solely incurred by the other spouse under a credit card which was issued prior to the marriage?
Yes. STATED BY AUTHOR
Is a husband responsible for credit card debt that was solely in the name of his deceased wife in Wisconsin?
Maybe. Wisconsin is a community property state. Unlike other CP states spousal debt responsibility is determined by the circumstances. If the surviving spouse used the credit card account then it is likely he or she will be held responsible for the debt, especially if charges on the account could be defined under the guidelines relating to necessities.
In the State of Florida is the husband responsible for credit card debt that belonged solely to his deceased wife?
No, Florida is not a community property state therefore debts not jointly incurred belong solely to the person who holds the account. In Florida married couples are generally presumed to hold jointly owned property as Tenancy By The Entirety (TBE) which makes such property exempt from creditor action when only one spouse is responsible for the debt.
What happens if a co signer on a car loan passes away?
The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.The surviving borrower is solely responsible for paying the loan.
In New Jersey is the surviving spouse responsible for credit card debt when the account was solely in the name of the deceased spouse?
No, New Jersey is not a community property state. It does however recognize Tenancy By The Entirety when it pertains to real property. Therefore the family home will pass directly to the surviving spouse and not be subject to probate unless the titling to the property is otherwise worded.
In New Jersey is a surviving spouse responsible for a deceased spouse's credit card debt if their name is not on the account nor has she used the credit card?
From the remaining spouse, no. Collecting from the estate depends on many factors. The laws pertaining to real property and/or survivor rights take precedence over probate proceedings. A determination on what creditors might be entitled to can only be made after the deceased financial status has been compiled.
Are you liable for credit card debt if the credit card company has your Social Security number wrong?
If you held the account in name either solely or jointly and used the credit available you are still responsible for the debt, the error of the SSN is irrelevant.
Can a cosigner be taken off the loan if the primary applicant dies?
Generally, no. The co-signer would become solely responsible for paying the loan.Generally, no. The co-signer would become solely responsible for paying the loan.Generally, no. The co-signer would become solely responsible for paying the loan.Generally, no. The co-signer would become solely responsible for paying the loan.
