The surviving spouse is only responsible for creditor debt if the accounts were jointly incurred during the marriage unless that debt is considered a bill of necessity (i.e. medical and utility.) In some states you have to be married at the time the debt incurred such as IA, NH, MA, AZ, CT, and SC and in most when you get married the "bills of necessity" become the responsibilty of both parties no matter who puts their name on it. However in FL the rules dont apply surviving spouse is not resp. For credit cards it is different that is contractual its whoever is on the contract same with personal loans and student loans and things of that nature.
YES, if you die, then the next of kin is responsible for your debt.
Only if they signed a contract or agreement to accept the responsibility. If not, the deceased's ESTATE becomes responsible for any debts.
The estate is responsible for all the debts of the deceased. Indirectly the spouse will have to pay them off from the estate before she can inherit.
No - the surviving spouse is not liable for the deceased person's bills !
In every state, the estate is responsible for the debts of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
Oregon is not a community property state. Therefore the surviving spouse is only responsible for the deceased spouse's medical bills if he or she entered into a financial agreement with the attending hospital and/or physicians or other such agencies.
No - a person's debts die with them. The spouse of a deceased person is not responsible fofr their outstanding bills.
The wife is not directly responsible unless she is on the contract. Florida courts could rule that the spouse benefited from the debts and could be held responsible. The estate has to pay the debts before she can inherit anything.
no if they die the money they are owed will be taken out there bank account the remaning will be given out according to there will
Are spouses responsible for a deceased husbands commercial bank loan with several co-signers?
As in all states, Missouri requires the estate to be responsible for all the debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, there are some people who will not get paid.
In general, the estate has primary responsibility, one of the reasons to create an estate. The spouse will typically be responsible for the debt.