The home could be in jeopardy for creditor action depending upon how the deed is worded and the laws of the state in which the property is located. It would be prudent to discuss the possibility of the mother removing her name from the property deed with a qualified attorney before creditors decide to take action. Other than the possibility of joint property seizure or attachment by creditors surviving family members would not be responsible for repayment of the debt.
ONLY if the Parent Co-Signed for the Debt. Otherwise NO.
In California the estate will be responsible for the debts of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.
Not unless they were listed on the deed of the property that was foreclosed. The estate is responsible for settling the debts.
Generally no, unless they were a co-signer on the account.
Normally there is a will, stating who will inherit the house. Whoever inherits the house will be responsible for it. If there is no will, the courts will decide.
If the child is a minor, yes, they are. If the child is an adult, no, they are not.
Generally, the dedecent's estate is responsible for the debts of the decedent. If there are not enough assets to pay the debts the estate is declared insolvent.
No, if they were not joint debtor's with the deceased they are not responsible for any of his or her debts.
The debts of the deceased are the responsibility of the estate and that would include taxes. Anyone that was also a co-signer on any of the agreements might also be responsible. Consult a probate attorney in your jurisdiction for help.
Probably not. The estate may be used to pay bills but the children should have no personal liabilities.
No, if the card-holding parent is deceased, the card is no longer valid. If the adult child is part-owner of the credit card account, he/she should have their own card.
The estate is responsible for the debts of the deceased. If there are any assets they must be used to pay the debts. If not then the creditor is out of luck.
Only if the obligee parent releases the claim or is deceased.
The estate is responsible for the debts of the deceased. The executor is not personally responsible for them.
No, the estate is responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
If the child is an adult, yes. If the child is a minor you as the parent is responsible for what they do.
Only if the obligee parent is deceased and with the approval of the court.
Not if that child is married then yes the parents would be responsible.
The estate is responsible for paying all debts.
because they just do
This area is governed by State law, but, in general, an adult child might be entitled to a share of the estate only when the last parent has died and did not leave a will.
No, the parents are no longer responsible for them. They are an adult and responsible for themselves.
A parent of a minor child is responsible for the child's medical bills. In many states, a spouse is responsible for the other spouse's medical bills. A parent of a grown child (18+.) is NOT responsible, nor is a child of an aging parent, unless someone signed the hospital or physician's form as a responsible party. If the deceased is an adult with no dependents and no one else signed a form to take financial responsibility, then the estate of the deceased will be responsible for the medical bills. If there is no cash in the estate, the provider is simply out of luck - they cannot chase after relatives in an attempt to collect the debt. If the deceased left a sum of cash or assets, then all outstanding bills should be paid from the estates assets prior to distribution to heirs.