answersLogoWhite

0

if you are a joint user(you signed papers) then NOPE you're just as responsible. If you are an authorized user that may be different ans something to check into.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

Who is resposible for credit card debt if there is no estate?

The estate is responsible for the sole debts of the decedent. If there is no estate then the creditors are out of luck.


What are the creditors' rights on estates without wills?

They have the same rights as they have with an estate that has a will. The creditors file their claims with the executor.


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.


What do you do with deceaseds bills?

They are the responsibility of the estate. They are either paid or the creditors are left without payment.


Can you spend money out of an estate if a notice to creditors of death was never published?

No, you have to follow the legal procedure before the estate can be settled. If a person uses the money form an estate without going through these procedures they are committing a crime and will be liable for the losses to creditors.


How will your forclosed home affect your credit after filing bankruptcy?

It will be a negative mark on your credit file, furthermore you will have no money and it is unlikely there will be any remaining funds to pay your creditors because any funds will be used by the trustee to repay the creditors noted in your bankrupt estate.


What do you do with a dead spouses credit card debit?

If the surviving spouse did not sign the credit card agreement then they are not responsible for it. However, the creditors could still come after the deceased spouse's estate (i.e. life insurance) for the balance of credit. You probably want to ask an estate attorney that question.


If you die without any estate do your debts die with you?

Generally, yes. If the decedent left no assets their creditors are out of luck.


What if the individual did not declare bankruptcy prior to death but the estate is bankrupt?

If the estate is declared bankrupt by the court the heirs receive nothing and the creditors are out of luck.If the estate is declared bankrupt by the court the heirs receive nothing and the creditors are out of luck.If the estate is declared bankrupt by the court the heirs receive nothing and the creditors are out of luck.If the estate is declared bankrupt by the court the heirs receive nothing and the creditors are out of luck.


Your dad died without a will if you get the money out of his checking account can creditors come after you for those funds?

Your father's creditors should be paid from his estate. His bank account is part of his estate. According to law the creditors get paid first. If a creditor should discover that you spent assets left by the deceased they could seek a judgment against you.


Will you be responsible for your mothers outstanding dept if she died without any assets?

No. Unless you agreed in writing to be responsible for your mother's debts, her estate will be responsible. If there is no estate the creditors are out of luck.


How does widow respond to creditors calls if not joint on credit card bills?

Tell the credit card company that the card holder is deceased. They do have some rights in some states to collect the money owed from the deceased's estate. They can sue the "estate" for the money owed. Note: a life insurance policy paid to the widow is NOT his estate.