no if they die the money they are owed will be taken out there bank account the remaning will be given out according to there will
YES, if you die, then the next of kin is responsible for your debt.
Only if they signed a contract or agreement to accept the responsibility. If not, the deceased's ESTATE becomes responsible for any debts.
The estate is responsible for all the debts of the deceased. Indirectly the spouse will have to pay them off from the estate before she can inherit.
In every state, the estate is responsible for the debts of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
No - the surviving spouse is not liable for the deceased person's bills !
Are spouses responsible for a deceased husbands commercial bank loan with several co-signers?
As in all states, Missouri requires the estate to be responsible for all the debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, there are some people who will not get paid.
In Georgia, as in most states, life insurance proceeds to a named beneficiary become the property of the beneficiary and are therefore not accessible to the creditors of the decedent. Of course, this does not apply to joint debt between the spouses or any debt solely in the name of the surviving spouse. In short, if the surviving spouse's name is not on the debt of the decedent, the surviving spouse has no legal obligation to pay such debt.
No.
Oregon is not a community property state. Therefore the surviving spouse is only responsible for the deceased spouse's medical bills if he or she entered into a financial agreement with the attending hospital and/or physicians or other such agencies.
No - a person's debts die with them. The spouse of a deceased person is not responsible fofr their outstanding bills.
yes usually the spouse is