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Who is responsible for credit card debt after the death of a parent in the state of Wisconsin?
Wiki User
∙ 13y ago
The estate is responsible for credit card debts and all other debts. One of the primary reasons someone should open an estate is to resolve debts. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Wiki User
∙ 13y ago
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If my husband dies and leaves credit card debt and our childrens parent plus loan debt am I responsible for assuming the debt in PA?
not if you have death insurance on the loan and credit cards
In the state of Maryland who pays the credit card debt of a deceased parent?
Generally, the deceased parent's estate is responsible for the debts of the deceased. The creditors should be notified of the death. If there are any assets the estate should be probated.
Do adult Children have to pay the credit card debt after the death of last parent?
The estate is responsible for the debts of the deceased. If there are any assets they must be used to pay the debts. If not then the creditor is out of luck.
Who is responsible for a home equity line of credit after death?
The estate of the deceased.
Who is responsible for Spouse credit card after death?
The estate of the credit card holder. If the surviving spouse was an approved user, or co-signee they would also be responsible.
Are children responsible for parent debt after their death in VA?
The child is not responsible for the debts of the parents. The estate has to resolve all of these before they can close it out.
Why did Freddie krueger start killing people?
He stalks and kills the children of the parent's that are responsible for his own death.
I am in Oregon my Dad has died I am 23 and do not know what to do about his credit card debt Am I responsible I am in Oregon.?
AnswerNo, you need to send a copy of the death certificate to the credit card company. You are not responsible for your father's debt.
Would my mother's children be liable for any credit card debt she had at the time of her death?
Your mother's estate is responsible for her credit card debt.
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.
Who is responsible for credit card debt when there is no estate?
Generally a person's estate is responsible for the decedent's debts. If there is no estate the creditors are out of luck. They should be notified of the death.
Is child responsible for parents credit card debt after death?
I think that would be paid out of the estate and not by the child.
