Yes. When an account is jointly held, all parties are equally responsible for the entire amount owed.
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.
No, it is not possible to use a credit card after the payment due date has passed.
Not if you are smart about it. You do not have to pay his debts through his insurance policy. Inheritance may be another thing. The credit company could put a lien on the estate. The insurance policy is NOT the estate. Y-THINK-Y
Using your credit card after the due date has passed may result in late fees and interest charges. It is important to pay your credit card bill on time to avoid these additional costs.
Yes, it is possible to use your credit card after the due date has passed, but you may incur late fees and interest charges.
Debts of the spouse are considered to have benefited both of them. He can be held responsible for the debts.
Only if the couple resided in a community property state at the time of death.
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.
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.
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.
No.
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.
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).
It would depend on the age of the child.
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
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.
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.