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Is a spouse responsible for the credit card debts in the other spouse's name in New Jersey?
If the two of you are married, I believe you are responsible.
Who is responsible for a dependent's credit card debt?
The dependent's estate is required to resolve all debts. If there are co-signers on the credit card, they may be held accountable. If there are not enough assets to pay off the debts, they are not resolved.
Would your spouse be responsible for your business credit card debt if you were to die if she is not an account holder?
Your estate is responsible for your debts. If the business is owned by the deceased, the business is responsible. A spouse is not responsible, but the amount they inherit will be affected by the debts.
Are the heirs responsible for credit card debt in the state of pa?
Not on a personal level. Typically the estate is responsible for paying the debts, including the credit cards. If an heir co-signed any paperwork regarding the credit card, they may be held liable.
Who is resposible for credit card debt if there is no estate?
The estate is responsible for the sole debts of the decedent. If there is no estate then the creditors are out of luck.
Will you be responsible for your dead husband's credit card debts that he had before you married?
No.
Is spouse always responsible for deceased debts if they are not on the credit card application?
no
Who is responsible for your credit card debt after your death in Mississippi?
The estate is responsible for the credit card debts of the deceased. That means before the estate can be settled, all debts have to be cleared. If there is not enough in the estate to cover them, they may not get paid.
My wife has been using a credit card of her deceased fathers credit I also used the card but did not know it was on his credit can i be held responsible for credit card fraud?
Yes!
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.
Is the joint owner on a credit card responsible for the debts?
Answer credit cardfrom past experience with my mother in law, you are responsible for the credit card balance The surviving joint account holder would be responsible for the entire amount owed.Credit Card DebtUnfortunantly you will be responsible for all of it.
When you die do your children have to pay your credit card off?
The estate is responsible for the debts. Anyone on the credit card would also be liable for the debt.
Can an employee be responsible for the employers credit card debt?
Absolutely not ! Employees are not responsible for the employer running up debts.
Who is responsible for credit card debt after the death of a parent in the state of Wisconsin?
The estate is responsible for credit card debts and all other debts. One of the primary reasons someone should open an estate is to resolve debts. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Who is responsible for credit card debt after death in Indiana?
The estate of the deceased is responsible in Indiana. The executor is responsible for listing all assets and debts. The debts are paid and anything left is distributed.
Who is responsible for credit card debt after death in Michigan?
The estate of the deceased is responsible in Michigan. The executor is responsible for listing all assets and debts. The debts are paid and anything left is distributed.
Is a spouse responsible for the credit card debts in the other spouse's name in New Jersey?
If the two of you are married, I believe you are responsible.
