If they couple did not reside in a community property state and the account was not joint; the debt will become part of the deceased's estate and handled according to state probate laws. An exception pertaining to spousal debt responsibility in community property states would be if they resided in Wisconsin. If onwe dies the other will not be liable, only if your name is on the card to. I had 2 of my spouse die on me. I know! A spouse who is not a joint account holder is generally not responsible for debt incurred by the other spouse. Two exceptions the main one being if the married couple resided in a community property state or if the state of residency has a "necessities law". Couples residing in community property states are presumed by law to own all property equally, and to owe all debts equally regardless of which one is the designated borrower, ( only CP law exception is the state of Wisconsin). A surviving spouse living in a state which has an established "necessities law" relating to credit card use to purchase items such as food, medicine, pay utilities and so forth is responsible for those type of debts as they are considered joint regardless of the designation of the account. However, even in states that have such laws, they are very rarely used by creditors to recover debt owed.
Alabama is not a community property state, the surviving spouse is not responsible for creditor debt unless he or she was a joint account holder.
Your estate is responsible for your debts. If the business is owned by the deceased, the business is responsible. A spouse is not responsible, but the amount they inherit will be affected by the debts.
Interest does not accrue on credit card debt after the card holder is deceased. It can occur however, if the spouse is on the account.
No. Only the account holder is responsible for repayment of debt incurred on a credit card. An authorized user is not responsible for repayment, but in this case if the now deceased AU continued to use the account after the death of her mother (the account holder), the AU's estate might be responsible for any charges made under such circumstances. In any event, the surviving spouse is NOT responsible to repay the CC debt.
The spouse is not responsible and should not have this on her credit. But the estate of the deceased will still be responsible for the debt.
no
No, the spouse is not responsible. However it does come out there assets left behind.
The estate of the credit card holder. If the surviving spouse was an approved user, or co-signee they would also be responsible.
In Oklahoma, the deceased's estate is responsible. The spouse can be held as a beneficiary of the costs and by inheriting less from the estate.
Yup.
California is a community property state, the debts of the deceased should be included in the probate procedure. Usually in California the surviving spouse is responsible for all debts incurred during the marriage even though he or she was not the named account holder.
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.