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When a widowed parent dies in California are the children responsible for the debt owed by deceased parent for loans credit cards taxes etc?
When someone dies in CA the relatives of that person are NOT responsible for the debts owed by that person. The credit cards and loans would like you to think you owe the money, but you don't.
Are you responsible for husbands credit cards if he dies?
im sure this is a no the person responcible should be the insurance company
If there is no assets who's responsible for credit card debt?
If a person dies and owes money on credit cards, the person who issued the credit cards loses. The merchant still gets his money. (The credit card companies make money by charging merchants a small fee on each transaction. They make interest. They lose money on deadbeats and deaths.)
If a credit card holder has a judgment and dies who is responsible?
No one. The person left is not responsible for the debt. The credit cards want people to think that the family owes for the deceased debt, but they don't.
When a person dies is the remaining daughter responsible for the debt of credit cards?
No. The deceased person's estate is liable for any of the debts of that person, but heirs are not liable for debts if the assets in the estate are not enough to cover the debts.
What happens to a person who dies and now her credit cards are coming in There is no will there is no estate no insurance no savings Do you tell the credit cards that the person is dead?
Yes, you need a death certificate, which you will need to fax/mail into the company. Just tell them the person is dead, and ask for their policy, each company is slightly different but all of them require a death certificate.
Who is responsible for credit card debt when a person dies?
Credit cards are the responsibility of the estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
If a person dies and there is no estate what happens to credit card debt left by the deceased?
The estate is required to pay off the debts including credit cards. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Spouse died and had credit cards in his name only will wife be responsible for paying creditors in Ohio?
No you wont be, as the credit was in his name only, because if he dies you cannot use the credit cards as they are in his name not yours. This is how I understand the system here in australia.
If your spouse dies and has credit cards in their name only can the surviving spouse negotiate with the creditors to get the amount reduced?
yes they can
A person who dies or suffers for his or her beliefs?
AnswerA martyr is someone who dies for his or her beliefs.
Who is responsible to pay a credit card if the person dies?
The person's estate pays for all outstanding debts.
