The estate is responsible for any outstanding credit card bills. But the assumption is that the wife inherits the husband's assets. One way or another, the spouse ends up paying the debt. The spouse has some right in all real property owned by the husband. If the assets are not enough to cover the debt, the real property may have a lien placed against it to cover those debts.
No, a creditor would not issue a card or extend credit on the account of a deceased spouse. The creditor might be willing to issue a card to the surviving spouse based on his or her own financial situation.
Texas is a community property state therefore a surviving spouse usually can be held liable for debts solely incurred by the deceased spouse. Exceptions can be made to this law based upon the circumstances of individual cases
In Arkansas, a surviving spouse is generally not responsible for credit card debt that is solely in the deceased spouse's name, unless they co-signed or guaranteed the debt. However, if the debt was incurred during the marriage and is considered community debt, the surviving spouse might have some responsibility depending on the circumstances. It's important to consult with a legal expert for specific advice related to individual situations.
The estate is primarily responsible. However, a spouse is normally considered to benefit from such debt and can be held responsible.
California is a community property state, the debts of the deceased should be included in the probate procedure. Usually in California the surviving spouse is responsible for all debts incurred during the marriage even though he or she was not the named account holder.
No - the surviving spouse is not liable for the deceased person's bills !
The decedent's estate still owes the money, and that debt must be satisfied before the estate can be distributed. In the case of a surviving spouse, that spouse is equally liable for any existing debts. If the deceased's estate cannot cover the debt, the spouse must do so.
If the spouse has a Will stating "all of my debts are to be paid." Yes. If not, you just need to send a copy of the Death Certificate to each creditor.
AnswerIf the surviving spouse was not a joint borrower on the vehicle loan the repossession affect/appear on their credit report.
If the loan was in both of your names, yes. That is your foreclosure also.
No, Kentucky is not a community property state.
Nope.... your debts are YOUR responsibility.
Unfortuantely, yes.
Oregon is not a community property state, therefore the surviving spouse would only be liable for debts that were jointly incurred during the marriage. Property held as TBE is not subject to probate procedure as it passes directly to the surviving spouse, neither can TBE property be attached for creditor debt when only one spouse is the debtor.
If the surviving spouse was not an account holder then he or she is not responsible for repayment of the debt. FYI, authorized users are likewise not legally responsible for credit card debt as it is assumed the AU has no control over how the account is handled.
Alabama is not a community property state, the surviving spouse is not responsible for creditor debt unless he or she was a joint account holder.
yes they can