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What else can I help you with?
Does South Carolina make spouses responsible for the others debt in their name only?
Under South Carolina law, debt that is incurred during a marriage is presumed to be marital debt. This would mean that both spouses are legally obligated for their share of the debt, regardless of the listed individual to the debt.
In Canadian Law am I responsible for my spouse's credit card debt?
In general, you are not responsible for your spouse's credit card debt in Canada unless you have jointly signed for the debt or benefited from the purchases made with the card. It is always advisable to seek legal advice tailored to your specific situation.
How many years are you responsible for a debt?
The length of time you are responsible for a debt depends on the type of debt and the statute of limitations in your state, typically ranging from 3 to 10 years. However, it's important to note that even after the statute of limitations has passed, the debt still exists, but the creditor can no longer sue you for payment.
Is my wife liable for my tax debt?
In short....it depends. If it was a joint return, then yes. If it was a separate return or a return that was filed before you were married, then no. However, if you live in a state with Community Property laws, then the taxing agency may be able to attach her assets to pay the debt. Community Property States are AZ, CA, ID, LA, NV, NM, TX, WA, WI
Is the second person on a credit card legally responsible to pay the debt?
Maybe. If the "second" person is an actual account holder then he or she is liable for the debt. If the "second" person is an authorized user of the account, he or she is not legally responsible for the debt but that does not mean the creditor will not attempt to collect from the AU. Additionally, married persons living in community property states are generally liable for credit card debt and other debts incurred during the marriage even when only one spouse is the actual account holder.
Is spouse responsible for deceased spouses SSA debt?
yes usually the spouse is
Is a spouse in Missouri responsible for the other spouses debt?
The basic assumption is that yes, the spouse is jointly responsible. It is assumed that both spouses will benefit from the transactions.
Is a spouse responsible for the other spouses child support debt if they are deceased?
No.
Are you responsible for your husbands unsecured debt?
The spouse is considered to benefit from the debt. Yes, the spouses share responsibility.
Is a spouse responsible for living spouses debt if they are not listed on the accounts?
They are typically going to be held responsible. The debt is used to buy goods and services. The spouse is considered to have benefited from these debts.
Are you responsible for your dead spouses credit card debt if you own a house together?
Your dead spouse's estate is responsible for the credit card debt. In practice, this may amount to "you are responsible for it."
Is a surviving spouse responsible for a deceased spouses medical bills in the state of Georgia?
YES, if you die, then the next of kin is responsible for your debt.
Are surviving spouses responsible for medical bills of expired spouse when there is no estate?
In general, the estate has primary responsibility, one of the reasons to create an estate. The spouse will typically be responsible for the debt.
Is a spouse responsible for the medial debts of the other spouse?
YES with qualifications. Joint assets will be considered as valid for liquidation to meet debt incurred only by one of the spouses.
Is a spouse responsible for any debt incurred by the other spouse in Minnesota?
In Minnesota, a spouse is generally not responsible for the other spouse's individual debts incurred before or during the marriage unless both spouses jointly incurred the debt or one spouse agreed to be responsible for it. Minnesota follows the concept of "equitable division" in divorce, which means that debts are divided fairly, but not necessarily equally. However, if one spouse can prove that the debt is a joint obligation or that the other spouse benefited from the debt, they may be held responsible. It's advisable to consult a legal professional for specific situations.
Is a surviving spouse in New York responsible for repayment of credit card debt only in name of deceased spouse?
yes.
Who is responsible for marital debt?
Both of the spouses are responsible for the debt. They both benefited from the debt, so they are held responsibility.
