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Is a wife responible for a credit card debt if her husband dies?
Wiki User
∙ 14y ago
The husbands estate is responsible, but not the wife directly. The amount of the husbands debt will be subtracted from his assets after his death. His wife will usually inherit what is left, unless the husband left other instructions in his will (ie leave everything to charity). If the husband dies and his debt is larger than his assets, then the creditors usually lose the difference. This is all handled through probate court, and a judge can choose who gets what.
Wiki User
∙ 14y ago
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In the state of Ohio is a spouse responsible for medical bills or credit card debt after the spouse has passed away?
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.
Is your husband responsible for your credit card debt?
nomally
In New Jersey is a spouse responsible for the credit card debt of her husband if the credit card is solely in his name?
No.
In Oregon is a wife responsible for her husband's credit card debt if she is not a co-signer or authorized user of the credit card?
No.
Am I liable for my husband's credit card debt incurred before we met?
NO
Is your husband responsible for your credit card debt in ill if it is at a collection agency?
If his name is not on the card,(He did not sign for the card) Then NO! And credit cards are unsecured loans.
If my husband dies and leaves credit card debt and our childrens parent plus loan debt am I responsible for assuming the debt in PA?
not if you have death insurance on the loan and credit cards
Your husband wants to put you as a second cardholder on his credit card you have a bad credit score as you were in debt a few years ago Will you be able to be the second card holder?
Yes because he is responsible for the debt, not you.
How will the credit card debt be divided between the husband and wife during a divorce when the debt is only in the wife's name?
It is up to the judge to determine who is responsible for repaying the debt owed on that credit card account. Unfortunately for the cardholder, if the husband is required by the court to repay the card, the wife is still responsible for ensuring that those payments are made. If he misses payments, then her credit score will suffer.
Is a wife responsible for the credit card debt of her husband made before they got married in New Jersey?
No
Is a wife who is not a joint account holder responsible for her husband's credit card debt in Illinois?
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.
What is the difference between a debt card and a credit card?
The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.
