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Who is responsible for your credit cards when you die if there is no husband?
Wiki User
∙ 16y ago
Typically the estate is responsible for clearing up any liabilities. The affairs of the estate are usually handled by the executor of the estate.
Wiki User
∙ 16y ago
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Does my husband's student loan die with him?
Yes. The banks and credit cards would like all of us to think we have to pay back loans and debts of our parents or spouses, but that is not true. We don't have to pay them.
Can you stop paying your credit cards if you are dying?
If you die than you won't have to dumbo
What happens when you die owing money for credit cards and utilities?
The debt is given to your closest relatives
When you die do your children have to pay your credit card off?
The estate is responsible for the debts. Anyone on the credit card would also be liable for the debt.
Would your spouse be responsible for your business credit card debt if you were to die if she is not an account holder?
Your estate is responsible for your debts. If the business is owned by the deceased, the business is responsible. A spouse is not responsible, but the amount they inherit will be affected by the debts.
Are you responsible for your spouse's credit card debt after they die?
== Spouse's credit card charges== My husband says he actually heard the answer to this on a radio show the other day. The answer given was this: As long as no one else's names are on the credit card (or, I assume, the original application) only your father was responsible for his debt. Your mother should be okay. However, I don't know if this varies from state to state. It would be wise to check with an acct. maybe or with the atty. handling your father's estate - just to be on the safe side. More input from FAQ Farmers: * This happened to my elderly mom. The CC companies are crooks! They sent her cards with her name on it and the account number of my deceased father's cards. Thank God I was there because if she had used any of the cards even once she would have been responsible for the whole debt. As it was, I was able to stop her, contact the credit card companies and had the debt cancelled as there was no estate to speak of.(a small threat of contacting the attorney general of the state of Colorado about fraud seemed to help alot) Good luck * The only person responsible for a cc debt is the person(s) whose names are on the account. A spouse is only responsible if the account is held jointly or if the married couple lived in a community property state. "CP" states consider all marital assets and all debts equally owned and equally owed.
Does credit card debt die with you?
No, it does not really die with the individual, but it could. The estate is responsible for settling any debts of the deceased. If the assets of the estate aren't enough to cover them, the debt will be discharged.
Does your credit card debt die with you?
No, it does not really die with the individual, but it could. The estate is responsible for settling any debts of the deceased. If the assets of the estate aren't enough to cover them, the debt will be discharged.
Are adult children responsible for credit card debt after their parents die?
No. The credit card companies will try to get you to pay off your parent's bills but you don't have it. It is all volunteer. I was glad to learn this since my mother is 81.
Is your estate responsible for your credit card debt after your death?
Answer: Your estate is responsible for all of your debts when you die. The assets don't always cover the debts but any creditor can file a claim against the estate for money you owed them.
Are children responsible for using parents's credit card after they die?
No. Because stepparents can take children to the court center and tell the judge what do they have to use parents's credit card after they die.
When did Herman Husband die?
Herman Husband died in 1795.
