0
All Social Security benefits are exempt from any legal action that pertains to creditor debt. Although making charges on accounts when the person knows they are not going to be able to pay is a very bad idea. Unless you are a joint account holder with your mother you bear no responsibility for her use of the cards or for the debt she incurs. What will happen to her is difficult to determine, it is possible that creditors will file a lawsuit to attempt to recover monies owed.
What else can I help you with?
If my mother is an authorized user on my credit card and she is currently in the process of foreclosure would her foreclosure as an AU affect your credit?
No, having her listed as an authorized user will have no impact on your credit score.
Can a son transfer his credit card balance of a card to his mom's new credit card?
Provided the mother had enough available credit on the card yes. Incidentally, the mother would have to be the one that called her credit card company to action it.
When you get married does your credit reflect on your spouse?
To answer your question: No, the credit of one spouse will not effect the credit of the other in any way. The only time the credit of one spouse will effect that of the other is when both open a joint loan, or joint credit account, in which case those specific accounts will be reported to both of your credit histories. That's it! :o) Hope this answers your question. the last answer is correct. I would just like to add that as a stay at home mother with a husband with bad credit, I am severly affected. His bad credit is 6-10 years old, my credit is immaculate. We can not get a car or a house on credit, we have to pay cash for everything. we can not use my "perfect" credit because I do not work. We can not get approved jointly, and he can not get approved alone because of his horrible credit(even though he makes more than 100,000 a year). If you marry into bad credit it does not affect your score, but it may affect your life.
Do you have to pay your deceased mother's credit card bills?
Condolences for your loss. To answer your question, not only no, but hell no! Unless you were a joint account holder, you have no liability for your deceased mother.
Mother is deceased all assets are in a trust fund can credit card debt claim assets?
I do not know the fine points of the law. However, it seems to me that the logical thing to do is to pay off the credit card and any other debt that your mother incurred. You can contact the credit card company and ask. You may need to send them a copy of her death certificate.
If my mother is an authorized user on my credit card and she is currently in the process of foreclosure would her foreclosure as an AU affect your credit?
No, having her listed as an authorized user will have no impact on your credit score.
If your mother in law is the executor of the will but does not have her name as an owner of a house and it is repossessed in the state of Georgia will it reflect on her credit?
It will affect her credit if she executed the mortgage along with her husband. If her name is not on the mortgage or the property then it will not affect her credit. She should consult with an attorney who can review the situation and determine what her options are. Perhaps the bank would accept a deed from the heirs in lieu of foreclosure.
What happen if a pregnant mother is malnoruished?
Then the baby will be affected. The fetus always takes nourishment first but if there is not enough it can affect the growth and development.
What will happen if pregnant woman doesn't get enough sleep?
As such this will not affect the pregnancy adversely. But then this has got got direct adverse effects on the mother.
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.
Can a son transfer his credit card balance of a card to his mom's new credit card?
Provided the mother had enough available credit on the card yes. Incidentally, the mother would have to be the one that called her credit card company to action it.
If you cosign for your mother to get a house will it affect you when you try to purchase your own home?
Yes. Even if your mother is making the payments, the fact that you co-signed will appear on your credit report. Her payment record will affect your credit. Even if the payment history is good, it could affect how much a lender is willing to finance for you because you are still "on the hook" for another property (even though you are "just" the co-signer). They may not lend you all you ask for or quite as much as you could get without that other note being part of your financial profile.
When you get married does your credit reflect on your spouse?
To answer your question: No, the credit of one spouse will not effect the credit of the other in any way. The only time the credit of one spouse will effect that of the other is when both open a joint loan, or joint credit account, in which case those specific accounts will be reported to both of your credit histories. That's it! :o) Hope this answers your question. the last answer is correct. I would just like to add that as a stay at home mother with a husband with bad credit, I am severly affected. His bad credit is 6-10 years old, my credit is immaculate. We can not get a car or a house on credit, we have to pay cash for everything. we can not use my "perfect" credit because I do not work. We can not get approved jointly, and he can not get approved alone because of his horrible credit(even though he makes more than 100,000 a year). If you marry into bad credit it does not affect your score, but it may affect your life.
Will an eighteen year old college student is an authorized User on moms credit cards will he have a credit report?
In general, no, having a card on his mother's account will not go on his credit report, for good or bad. If the student gets a credit card with the account in his own name, possibly with his mother co-signing, that will go on his credit history.
How does the age of the mother affect the baby?
Generally, the younger the mother, the better for both mother and baby
How do you make a sentence using word credit?
My mother used her credit card to pay for the purchase. They have good credit.
Who established Antarctica as a continent?
Some credit Mother Nature.
