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What are the community property states and how does that work in the event of credit card debt after death in relation to a property that is co-owned?
Wiki User
∙ 19y ago
California, Arizona,, New Mexico, Texas, Washington, Idaho, Louisiana, Nevada and Wisconsin. All property that is obtained during the marriage is considered owned equally. Unfortunately, so are the debts. Even when only one spouse is the credit card holder. The other is still responsible for the debt(s). Wisconsin's community property laws, are quite different than the other states and are applicable to only certain assets of married couples. A creditor can sue for the debt if the surviving spouse defaults. And if a judgment is awarded, can place a lien against real property or petition to have other assets liquidated to settle the debt. Each state has a set of exemptions that a debtor can claim to protect their property.
Wiki User
∙ 19y ago
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In California if the spouse dies and have a credit card in his name and not mine am i responsible for his bills.?
It depends on if California is a community property state or non-community property state.
Who is responsible if credit cards are in a wife's name only?
If you are in a "community property" state, you both are.
What are the community property states and how does that work in the event of credit card debt after death in relation to a property that is co owned?
All signers are fully responsible for the full debt. So if one of the co-owners (co-signer is the same thing) passes away, the debt is assumed by the other party (or parties).
If you die in Tennessee with credit card debt in your name will your spouse be obligated to repay the debt?
No, Tennessee is not a community property state. Married couples living in non community property states are not responsible for debts incurred solely by either spouse.
Is an authorized user on a credit card liable for the debt?
No. The only exception would be a married couple residing in a community property state.
Is an authorized user on a credit card liable?
Not to the credit card issuer. The account holder is totally responsible for debt incurred on a credit card. The exception is married couples residing in community property states, where both spouses are considered have the same rights to property and assets and the same responsiblity for debts.
In Rhode Island is the wife responsible for her husband's credit card if she is an authorized user of the credit card?
No, Rhode Island is not a community property state and an authorized user is not responsible for the debt incurred.
Who is responsible for credit card debt of your deceased spouse if there isn't an estate or assets because everything was switched out of their name before they passed?
I would say it depends on if you live in a community property state or a non community property state and if your name is on the bill or contract.
If a credit card is solely in the name of a deceased wife is the husband responsible for the debt?
Only if the married couple resided in a community property state.
Do you have to pay your dead husbands credit card debt?
The answer depends on the details such as:When the account was openedwhether you live in a community property stateWhat was purchased- did you benefit from the purchasesWhether your property was owned as tenants by the entiretyYou should consult with an attorney before paying those credit card balances.
Who pays the credit card bill if someone dies?
Depends on whether you are in a community property state. If you are, and married, your spouse dies, you/estate is responsible for the bill.
Is California a community property state How could you find out if your name is on a mortgage?
California is a community property state. If you are on a mortgage or loan agreement, you would have had to have signed the papers in the presence of the lender or an agent for it to be legal. You could contact the mortgage lender assuming you have that information, or get a copy of your credit report.
