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Debt Responsibility

Questions relating to the responsibilities for debts left by an individual that has died.

500 Questions

What is the explanation of how Pennsylvania got its name?

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Asked by Wiki User

Pennsylvania was named in honor of William Penn, the founder of the Pennsylvania Colony. The name "Pennsylvania" combines Penn's surname with the Latin word "sylva," meaning "woods" or "forest." The name was chosen by King Charles II of England to recognize the land grant he gave to William Penn in 1681.

Is wife responsible for credit card debt if husband dies?

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Asked by Wiki User

In general, a spouse is not automatically responsible for their deceased partner's credit card debt. However, if they co-signed on the credit card or live in a community property state, they may be liable for the debt. It is advisable to consult with a legal professional to understand the specific laws in your jurisdiction.

Your aunt died intestate do you have any claim in her estate?

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Asked by Wiki User

Whether or not you have a claim in your aunt's estate depends on the laws of intestacy in the jurisdiction where she resided. In some jurisdictions, nieces and nephews may have a claim if there are no surviving parents, siblings, or closer relatives. Consult an attorney who specializes in estate law to determine your rights under the specific laws in your jurisdiction.

When to execute a will?

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A will should typically be executed while the testator (the person making the will) is still living and of sound mind. It is important to execute a will before any unforeseen circumstances arise, such as illness or accidents, that could affect the testator's mental capacity. It is best to consult with an attorney to ensure the legal requirements for executing a will are met.

Did the pilgrim paid off their debts with the fish they caught?

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Asked by Wiki User

I don't think they had debt. Credit cards weren't invented yet.

How do you obtain letters of testamentary in tx?

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Asked by Wiki User

You apply to the probate court. They will have a package of documents that have to be filled out and submitted to the court. Consult a probate attorney for specifics.

Is a wife responsible for husbands credit card debt after his death with no estate or will?

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Asked by Wiki User

If the card is in his name, only, there may be an out. You will need to get legal help.

Can you be sued for your husbands debt from before you were married?

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Asked by Wiki User

No. Before marriage what he comes into the marriage with in assets and debts are his and it is the same with you.

Is a surviving spouse responsible for a deceased spouses medical bills in Iowa?

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Asked by Wiki User

The estate is responsible for all the debts of the deceased. Indirectly the spouse will have to pay them off from the estate before she can inherit.

Is surviving spouse responsible medical bills in Michigan?

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Asked by Wiki User

The estate is responsible for all the bills of the deceased. The spouse will be required to pay them from the estate funds.

Can't afford trustee payments what do I do?

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Asked by Wiki User

Contact the company concerned and explain your situation.

What it means to be responsible?

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Asked by Wiki User

It means not be crazy or immature. It also means to be organized and to be calm and to do things right not wrong

Can the spouse of someone that has been ordered to pay childsupport but hasn't be held responsible for payment as well?

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Asked by Wiki User

It will depend on the laws in the particular state. But the new spouse is going to be deemed to have benefited from the non-payment of the support.

Who is responsible for your mother's debts if she dies without a will in Texas?

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Asked by Wiki User

The estate is responsible for the decedent's debts.

Who pays nursing home when you die?

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Asked by Wiki User

Normally any debts a person has when they die (such as outstanding fees to a nursing home) are paid out of the estate of the deceased person. If there is not enough money in the estate to meet all the debts then the people owed money get only a share of what there is. Relatives do not have to make up the difference unless THEY told the nursing home THEY would pay the nursing home costs (and signed a contract to this effect).