answersLogoWhite

0

Yes. When an account is jointly held, all parties are equally responsible for the entire amount owed.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

Is the husband respoNsible for spouse credit card debt if the spouse has passed away?

Debts of the spouse are considered to have benefited both of them. He can be held responsible for the debts.


My husband passed away and had a credit card in his name only. Is the surviiving spouse responsible for paying off the balance?

Only if the couple resided in a community property state at the time of death.


In the U.K.your husband has passed away are you responsible for paying his credit card debt if his name is the only one on his credit card account?

The "you" who would be responsible for his credit card debt would be the benefactors of his estate. In most states, that automatically goes to the wife. I would check with an attorney before liquidating any assets to pay the debt.


In the state of Ohio is a spouse responsible for medical bills or credit card debt after the spouse has passed away?

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.


What if the husband and wife are joint tenants and the husband dies without a will then do the stepchildren receieve any proceeds if the house is sold?

No. If the property was held as joint tenants with the right of survivorship then the decedent's interest automatically passed to his wife upon his death. That is the reason for creating a joint tenancy and she is the owner of the property.


Your husband passed away and had credit cards in his name can they take money out of the life ins that you are beneficiary?

No.


Who is responsible for credit card debt after someone passes away?

No one. The family is not responsible for the debt. Credit cards want people to think they are, but it is volunteer to pay/assume the debt of the person who passed away.


MY husband passed 2 weeks ago sorry to say but he had a vehicle ONLY in his name and also title I am his wife am I responsible?

Did the car get repossessed? This I believe, would best be addressed by the person/entity who has the lien on the car (the bank, the credit company, etc).


If a parent passed away and their child was an authorize user on their credit card who is responsible for the debt?

It would depend on the age of the child.


Is a wife in Minnesota responsible for her dead husbands medical bills?

in any state wife is responsible for husband even if husband passed that is what insurance protects your loved one's from unfortunally she is responsible for all debts he has


Are you responsible for your deceased parent's credit card debt?

If the estate has any assets, the estate should pay for the debt before anything is passed on to the heirs. If there are no assets the credit card company will just have to write it off. You are not held responsible unless you co-signed for the card.


Is the suriving spouse responsible for her husband's car loan if she is not on the loan?

I live in Illinois and when my spouse passed away 7/31/08 I was not responsible. I just called them showed them the death certificate and had them pick it up.