YES SHAME THE HELL ON YOU THIS IS THERE MONEY PAY BACK ALL THE MONEY YOU OWN THEM AND GET THEM OUT OF HARMS WAY AND GET THEM OUT OF THE HOSTAGE LIFE THERE IN
The decedent's estate is responsible for any debts incurred by the decedent.
The spouse of a deceased person is only responsible for said person's debts if the couple resided in a community property state or if the debts were jointly incurred.
I am not certain what you mean by "community property change", unless it pertains to a divorce decree. If you live in a community property state, and the debts were incurred while you are married. The spouse is indeed responsible for those debts. In non-community property states the person who contracted the debt, is the only person responsible. Therefore, the debt(s) usually "die" with the deceased person. There are exceptions, however, some states have laws which make the spouse responsible if the debts are defined as "necessities". Such as medical expenses, food, shelter, etc.
Only if you signed as a co-guarantor. Otherwise, no.
No, Virginia is not a community property state. Therefore spouses are solely responsible for their own debts as long as those debts are not incurred jointly.
Yes, it is possible to be responsible. The primary insurance holder is always responsible for all the debts incurred. And it is considered a benefit to both parties.
A sole proprietor is a person who owns the business and is personally responsible for it debts.
It depends on what state you are from. But I think that it is 50/50 for everything. * Yes, if the debts were made during the marriage and if the couple reside in a community property state. Debts incurred by either spouse after a legal separation order has been issued are attributed to only the account holder. Debts incurred separately by married couples in a non community property state belong solely to the person who is named on the account regardless of the status of the marriage.
If the couple Does Not reside in a community property state then a spouse is not responsible for the other spouse's debts when said debts are solely incurred. If the couple does reside in a CP state it does not matter who incurs the debt as the law assigns the married couple equal rights to assets and equal responsibility for debts.
The estate will be primarily responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved and they benefited from the debts incurred.
No. You are responsible for your debts. You are both responsible for joint debts. Your spouse is repsonsible for your spouse's debts. This is regardless of when you get married or when the debt is acquired. There are a few exceptions such as burial expenses, nursing homes, estates, tax l iens, etc. But for regular consumer debts pertaining to loans and revolving credit, only the person who signed the application for credit is repsonsible for the debt incurred.
"If a divorce order stipulates that the defendant forfeits all benefits of the marriage and is responsible for all debts incurred in marriage Does the defendant have to sign the papers in order to sell?"