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What is the law in Florida regarding credit cards after death of the card holder?
In Florida, the executor or personal representative of the deceased's estate is responsible for notifying credit card companies of the cardholder's death. The estate is generally responsible for paying off any outstanding credit card debt using the deceased person's assets. Family members are not typically personally liable for the deceased person's credit card debt.
In California law husband has credit cards in his name only. He dies. Does the wife have to pay off his credit cards?
In California, the responsibility to pay off the deceased husband's credit card debt typically falls on his estate. If the wife is not a joint account holder or a co-signer on the cards, she is not typically responsible for the debt. However, it's advisable to consult with a legal professional to understand the specific circumstances and obligations.
Can a court in New York garnish wages on credit card debt acquired in Florida and California?
Yes, a court in New York can garnish wages for credit card debt acquired in Florida and California as long as they have jurisdiction over the debtor. This could include situations where the debtor resides in New York or has assets located there.
How do the new credit card laws affect students?
The new credit card law called the Credit Card Reform affects students by not letting card issuers lure students in with freebies or offers for a credit card application. This law limits issuing credit cards to people under the age of 21.
What is legal age for credit card in Alabama?
The legal age to obtain a credit card in Alabama is 19. However, individuals under 19 can be authorized users on someone else's credit card.
If a man passes away is his widow or his children responsible for any of his credit card debt in California?
The estate is responsible for his debts. In most cases this will mean that the credit cards will have to be paid off before the spouse or children can inherit any money. If the wife is also listed on the credit card, she will be liable along with the estate for paying it off. This question is best posed to an attorney familar with California estate law and this mans' will.
If a person has no estate at the time of death who would be responsible for his credit card debt?
Currently I am dealing with estate issues and credit card debts. I am not a lawyer but after talking to many professionals, it seems to me that if their is no estate and no joint credit card holders then the card company will have to write it off.....
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.
Who is responsible for a deceased person credit card debt in California?
California is a community property state, therefore if there is a surviving spouse he or she is responsible for all outstanding debt including credit card accounts even if the decedent was a sole account holder. If there is not a surviving spouse the credit card debt will become a part of the probate procedure and will be handled according to the state laws of distribution of an estate.
Who is responsible for a deceased person credit card debt in North Carolina?
The estate is responsible for the decedent's credit card debt.
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.
Who pays credit card bill upon death?
your estate.
Why are you responsible for your spouses credit card debt after his death in the state of California?
The estate has primary responsibility. But the debts of a spouse are a benefit to both of them, so both have the responsibility.
Estate insolvent cannot pay credit card debt affect on heir's credit history or tier score?
It does not. The debt belongs to the deceased. If the estate cannot settle the account, the credit card company is not going to get paid.
Will you have to pay wifes credit card bill after death?
Only if your were a co-applicant. If not, your wife's estate is responsible for paying the debt. If she has no estate, send the credit card company a copy of the death certificate and let them know that there will be no estate set up.
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.
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.
