0
The parent's estate is responsible for the loans. If there are no cash assets to pay the loans the lenders will take the property such as real estate or a vehicle.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Are spouses responsible for a deceased husbands bank loan with several co-signers?
Are spouses responsible for a deceased husbands commercial bank loan with several co-signers?
Who is responsible for a deceased person credit card?
Bank's Insurance company
Who is responsible for the bank loans after the death of ones husband?
Normally a surviving wife will inherit both the assets and liabilities of her husband, including bank loans. Marriage is an economic partnership.
Your husband and you divorced and then he died are you responsible for his 5 bank loans your name was on the home only?
yes
What rights does a sibling have to ask to see deceased parents bank accounts from the executor?
yes he/she is allowed
Do I have to pay my deceased spouse's bank loans in New York State?
The estate is required to liquidate such debts. In most cases the surviving spouse will be deemed to have benefited from the loans and be required to pay them back.
Your deceased husband co sign for a house note for his son but you did not sign his son is letting it go back to the bank will be responsible?
You can be sued from the bank or creditor
Who is resposible for the loan if the title is in the deceased name only?
The estate is responsible for the loan. If it is not paid the bank will take the property.
Does FLORIDA require the heir of a Florida resident's will to pay off the deceased resident's credit card and bank loans?
Because of the high impact in popularity
Can a deceased person earn dividends on a bank account?
The estate can earn dividends on a bank account. The executor is responsible for making sure this happens and it gets included in the estate.
What kind loans does Bank of America offer?
Bank of America gives many types of loans. They give home loans, auto loans, school loans, and refinance loans. These loans are offered online at the official Bank of America website.
What kind of loans do Huntington Bank offer?
Huntington Bank usually offers a variety of loans. Some types of loans offered by Huntington Bank include Home Equity Loans, Personal Loans and Business Loans.
