Grandmother is. If she's passed away, then it's the responsibility of her estate as a whole, not the responsibility of any specific person.
The responsibility for your grandmother's credit card debt typically falls on her estate after she passes away. If there are insufficient funds in the estate to cover the debt, the creditors may not be able to collect. It's advised to consult with a legal professional to understand the specific implications in this situation.
Generally, children are not responsible for their parent's credit card debts unless they are joint account holders or cosigners. If the parent is unable to pay their debts due to being in an assisted living facility with no funds, the credit card company may have to write off the debt as uncollectible. It's advisable to consult with a legal professional to understand the specific laws and implications in your region.
Credit card companies typically consider various factors when deciding to sue for credit card debt, such as the amount owed and the borrower's ability to repay. While age may not be a determining factor on its own, the borrower's overall financial situation and assets may influence the company's decision. It's important for elderly borrowers facing difficulty with credit card debt to seek financial advice and explore options for managing their debt.
If a person is in a nursing home and unable to make payments on their credit card debt, the debt typically remains their responsibility. The credit card company may work with the individual, their family, or their power of attorney to establish a repayment plan or negotiate a settlement. In some cases, if the individual has no assets, the debt may be written off by the credit card company.
If you are unable to pay your credit card bills while in a nursing home in Georgia, the credit card agency may pursue legal action against you for non-payment. This could involve the debt being turned over to a collection agency or an attorney for further action. It's important to be proactive in communicating your situation with the credit card agency and seek advice from a legal professional if needed.
In New York, children are not automatically responsible for their parents' nursing home debt. However, under certain circumstances, such as if they have signed a contract agreeing to be financially responsible for the debt, or if they have transferred their parents' assets to avoid paying for care, they may be held liable. It is recommended to seek legal advice in such situations.
The estate is responsible for the decedent's credit card debt.
No. The card holder is responsible for all debt on the credit they extended to him. (You may be responsible to the credit card holder for the debt he incurred for you, if that was your agreement).
The person who carried the card is still responsible for the debt.
You are because you incurred the debt.
Your dead spouse's estate is responsible for the credit card debt. In practice, this may amount to "you are responsible for it."
nomally
Whoever owns the credit card
The estate is primarily responsible. However, a spouse is normally considered to benefit from such debt and can be held responsible.
Your mother's estate is responsible for her credit card debt.
No
In general, you are not responsible for your spouse's credit card debt in Canada unless you have jointly signed for the debt or benefited from the purchases made with the card. It is always advisable to seek legal advice tailored to your specific situation.
No.