The husbands estate is responsible, but not the wife directly. The amount of the husbands debt will be subtracted from his assets after his death. His wife will usually inherit what is left, unless the husband left other instructions in his will (ie leave everything to charity). If the husband dies and his debt is larger than his assets, then the creditors usually lose the difference. This is all handled through probate court, and a judge can choose who gets what.
My husband has termial cancer and I was wondering when he passes will I be responible for any credit card debts he has and any of his medical bills? We live in the state of Ohio.
nomally
No.
No.
NO
If his name is not on the card,(He did not sign for the card) Then NO! And credit cards are unsecured loans.
not if you have death insurance on the loan and credit cards
Yes because he is responsible for the debt, not you.
It is up to the judge to determine who is responsible for repaying the debt owed on that credit card account. Unfortunately for the cardholder, if the husband is required by the court to repay the card, the wife is still responsible for ensuring that those payments are made. If he misses payments, then her credit score will suffer.
In Florida, whether a wife is responsible for her deceased husband's business credit card debt generally depends on how the debt was incurred and the nature of the account. If the credit card was solely in the husband's name and used exclusively for business purposes, the estate may be responsible for the debt, not the wife personally. However, if the wife was a co-signer or if the debt was incurred for joint expenses, she could be held liable. It's advisable to consult a legal professional for specific circumstances.
No
Illinois is not a community property state, therefore a spouse who is not a joint account holder is not responsible for the credit card debt of the other spouse.