The estate is responsible for settling all debts. Given that the spouse typically inherits all of the assets from the estate, the estate will be smaller by that amount. In some cases the wife may want to pay the bill rather than have the estate sell the house so that the bill can be paid by the estate.
Nope.... your debts are YOUR responsibility.
Only in certain instances. If your name on the credit card debt? For instance, is it a joint account? If so, you are liable for it. If not, you are not legally liable for it. Some sneaky collection agencies will try to tell you that you are liable when you are not. This is illegal. Learn your rights against collection agencies by reading up on the FDCPA.
Yes, you can transfer any balance you want to your credit card. Note if you transfer the balance to your credit card, you are now liable for the full debt and not him unless he is an authorized user on the credit card.
Yes, you are liable for your husbands credit card.
My husband has termial cancer and I was wondering when he passes will I be responible for any credit card debts he has and any of his medical bills? We live in the state of Ohio.
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
ia an additional credit card holder liable for the whole debt of the credit card account
In some instances, yes they can. Is the spouse listed on the debt? An example would be a joint loan or credit card. If so, that makes the spouse legally liable for the debt. If not, then no, the wages cannot be garnished because the spouse is not legally liable for the debt.
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.
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.
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.
In most cases a card holding spouse can add the other as an "authorized user" without permission, however those types of cards are not liable for repayment of the balance, even on transactions preformed on their card. It is not legal for one spouse to add the other on any credit applications has a "co-signer" without that persons permission. However, the liability would not be in the hands of the credit card company, since if you are listed as a "co-signed" and claim you did not agree, sign-up or give you spouse permission, you risk your spouse being turned over to the States Attorneys office for consideration of Credit Card and Identify Fraud.