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no one is respondsible- they can ask relitives and friends but no one is obligated to pay the debts unless they are on a loan that has been co-signed

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18y ago

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Is there a tax credit you can take for getting married?

There is no credit per se. However, the tax rates for married persons usually work out to less than for single persons.


If you're single and living in an apartment with several thousand dollars in credit card debt who is responsible for the debt after you die?

The estate of the single person who had the sole debts is responsible for repayment. Any assets that are not considered exempted under the laws of the state of residency will be used to pay the deceased's debts according to priority and to the extent of the funds available.


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Their estate is responsible for the debt. First, if the deceased has a home, property, condo, cars, etc., the estate will sell it off and pay the debtors. If there are no assets, the debtors will lose their money. If there is no will, the estate will be distributed according to the intestacy laws.


Who is responsible for credit card debt after death in the state of Illinois?

Actually, the answer is the credit card holder is responsible for the debt if single, otherwise the spouse may be responsible for a partners debts. If it was made while they were married, otherwise, the bank can't collect the debt.


Are parents responsible for debts of a deceased daughter in CA who was single with only a few personal assets and no will or life insurance?

No, in most cases the debts of the deceased are the responsibility of the estate. If the daughter was a minor, yes, they will be held responsible. Anyone that was also a co-signer on any of the agreements might also be responsible. Consult a probate attorney in California for help.


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Florida does not have a a child car tax credit for single mothers. There is also not a tax credit at the federal level.


Will an inquiry on a persons credit report lower their credit score rating?

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