0
The Estate of the Deceased, all debts are paid from the assets of the estate, and anything else left over is provided to the heirs in accordance with their will, or if no will by equable division by the probate court. If all the assets are liquidated and there is a balance still due to creditors heirs get nothing but are not responsible for any of the debts.
However, if a family member was a co-signer, or guarantor to any loan or service then they would be responsible for those balances; including nursing home care, etc.
What else can I help you with?
Is the wife responsible for husbands credit card bill?
No. The husband of the family is responsible for everything that happens to or by the family members.
Who is solely responsible for a wife's credit card debt?
if it is under your name and she is an additional card holder but the bill comes to you I think you are responsible for the debt.It might be worth asking your credit card provider.
Can you explain what an authorized user is on a credit card?
An authorized user on a credit card is someone who is allowed to use the card but is not responsible for paying the bill. The primary cardholder is responsible for all charges made by the authorized user.
Who pays the credit card bill if someone dies?
Depends on whether you are in a community property state. If you are, and married, your spouse dies, you/estate is responsible for the bill.
Can any adult cosign for a teen to get a credit card?
Yes, but if you don't pay the bill the cosigner will be held responsible
How do authorized users work on credit cards?
Authorized users on credit cards are individuals who are given permission by the primary cardholder to use the card. They can make purchases and build credit history, but they are not responsible for paying the bill. The primary cardholder remains responsible for all charges made by authorized users.
Can an unpaid medical bill from 2004 be entered on the credit report of a minor?
If the bill belongs to a minor, it will most likely be put on the credit report of the responsible party, which would be one of the parents, or the legal guardian of the minor at the time the debt was accrued.
Will wife have to pay credit card bill in death if no estate if not in her name?
The estate is responsible for the debts of the decedent. Send a copy of the death certificate in with the bill to notify the creditor of the death.
What is a bill of credit?
A bill of credit is a bill issued by a state, on the mere faith and credit of the state, and designed to circulate as money.
Can you add someone to your credit card account?
Yes, you can add someone to your credit card account as an authorized user. This allows them to make purchases using the card, but they are not legally responsible for paying the bill.
I am the primary and my exhusband is the joint holder on our credit cards who is responsible?
You are both responsible - morally and legally. If one fails to pay the monthly bill, the other is then responsible. You use the word "joint" so I am assuming that both names are on the account.
Do you need a bill of sale to register a car in Massachusetts?
Yes, you need a bill of sale to register a car in Massachusetts.
