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Are you responsible for your deceased husband's debt in Tennessee?
Well, it depends.....................
If a 16 year old is legally married in the state of Tennessee incurs debt who is responsible for that debt the spouse or the parent of that 16 year old child?
ID SAY THE SPOUSE IS RESPONSIBLE FOR THE DEBT
Who is responsible for a persons debt after death?
The person who the will go with.
Are minor heirs responsible for debt after death?
Heirs are not responsible for any debt. The debt is the responsibility of the estate. If there are not adequate assets, the debtors don't get paid and the heirs will not receive anything.
Who is responsible for School debt after death?
The borrower, i.e., the person who signed the note, is responsible for payment. If the borrower has died their estate is responsible. If there is no estate the creditor is out of luck. If there was a co-signer then they will be held responsible for paying the debt.
Who is responsible for credit card debt after death in the state of Illinois?
Actually, the answer is the credit card holder is responsible for the debt if single, otherwise the spouse may be responsible for a partners debts. If it was made while they were married, otherwise, the bank can't collect the debt.
If you die in Tennessee with credit card debt in your name will your spouse be obligated to repay the debt?
No, Tennessee is not a community property state. Married couples living in non community property states are not responsible for debts incurred solely by either spouse.
Who is responsible for your card debt in England upon your death?
Your estate is responsible. Other card holders on the account have a responsibility as well.
Is spouse responsible for medical debt after spouse's death if bills were incurred prior to marriage?
no.
How is credit card debt handled after death in the state of Tennessee?
In Tennessee, when a person dies, their credit card debt does not transfer to surviving family members. Instead, the deceased's estate is responsible for settling any outstanding debts using the assets left behind. If the estate lacks sufficient assets to cover the debts, those debts typically go unpaid. However, joint account holders or co-signers may still be liable for the debt.
Would my mother's children be liable for any credit card debt she had at the time of her death?
Your mother's estate is responsible for her credit card debt.
Are children responsible for parent debt after their death in VA?
The child is not responsible for the debts of the parents. The estate has to resolve all of these before they can close it out.
