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A church council member or board member is not personally responsible for the debt of the church or board.
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∙ 13y ago
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Who is responsible for church debt?
The responsibility for church debt typically lies with the church leadership, such as the board of trustees or elders. They are accountable for managing the finances and making decisions related to borrowing money or accumulating debt on behalf of the church. Members of the congregation may also play a role in addressing or supporting the repayment of church debt through donations or fundraisers.
Who is responsible for credit card debt of deceased family member is there is no estate or money?
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If you are 34 percent member then you are only reliable for 34 percent debt?
Depends on the agreement. It is possible for each member to be responsible for the whole amount.
If there is no estate of deceased family member who is responsible for debt?
Generally, the estate is responsible for paying the debts of the decedent when the debts are in the sole name of the decedent. If there are no assets then the creditors are out of luck.
My Step-father died am i responsible for his debt?
No, you are not responsible for his debt. His estate has that responsibility.
Who is responsible for marital debt?
Both of the spouses are responsible for the debt. They both benefited from the debt, so they are held responsibility.
If a stepfather dies is his stepson responsible for debt?
No. Though the law may differ in other countries, in the United States, debt dies with the debtor. The debtor's estate can be liquidated to raise capital for the debt, but no family member can be asked to repay any portion of the debt.
If a church has credit card debt and the debt is in both the churches and its pastors name who is responsible for paying the debt?
Easy. Both. Compared to, if it is a card issued to a company (say XYZ Corp), on their credit, with the "authorized user" "Mr. Pres", then another for "Mr. VP of Sales", etc, then only XYZ is responsible.
Are you responsible for your siblings debt?
You are not responsible for your sibling's debt unless you co-signed and agreed to be responsible for it. If you co-sign for a debt and the primary borrower doesn't pay then you will be held responsible for repayment.
Who is responsible for debt if a bank cancels a credit card?
The person who carried the card is still responsible for the debt.
Are you responsible for your deceased mother's debt with an applicance store?
If you were not listed as a joint account holder you are not responsible for the debt.
Who is responsible for debt when a person dies in Washington?
The estate is responsible for debt. That is one of the reasons for opening probate.
