answersLogoWhite

0


Best Answer

If you're in the US... Their estate is responsible...meaning that expense (along with others) gets paid before any funds are distributed to their heirs.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who is responsible if parents die and their home has forclosed?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If both parents die who is responsible for the debt?

The estate.


Is eldest son responsible for bills when parents die?

no,the whole family. but i guess the eldest would do more>


If you and your parents are co-owners in a home are they responsible for your credit card debt if you suddenly die?

No. If the property is titled correctly (Joint Tenants With Rights of Survivorship) then it cannot be attached by creditors upon the death of any of the owners.


Are children resposible for their parents debts after they die?

They are not directly responsible. The estate is responsible to settle all the debts. Until these have been paid, the children are not entitled to receive anything.


If both parents die within 3 months of each other and there is no estate and both were on medicare are the children responsible for paying the outstanding balances to the hospital?

The parents' estates are responsible for their debts. The creditors should be notified of their deaths. If there are no estates then the creditors are out of luck.


Where is Harry Potter's parents home?

they stay at this big house but there parent die in afire


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.


Do you have to pay the debts of your parents if they die?

The estate of a decedent is responsible for the debts. The debts must be paid before any assets are distributed to the heirs.


Who pays your home equity loan when you die?

Your estate is responsible. If the equity mortgage is not paid the bank will foreclose on the property.


How did Bbatman s parents die?

They were... is the word mug? Anyways, batman's parents and him (when he was a boy) were going home when they were assaulted by a man. The man was a robber and un/intentionally killed his parents in the process.


What happens to a foster child if the foster child's foster parents die?

they get taken to another foster home.


What happens to a foster child when the foster child's foster parents die?

they get taken to another foster home.