Debt Responsibility

There is no time restraint on purchasing anything after bankruptcy. In fact, as it is "after", barring something like intentional fraud by using undeclared resources that were available at the time of bankruptcy, your actions after filing have virtually no effect on or from the bankruptcy. In the pure sense, even if you won the lottery the week after filing bankruptcy, that wouldn't effect the pre-filing situation. Getting financing for the car may be a different matter. A lender will look at you entire credit profile, and they historically frown upon someone with a, especially recent, bankruptcy on record. However, some lenders have special programs for just tis situation, although at a higher interest rate.

If she had insurance to cover the balance owed, then the debt could be eliminated and the Probate judge will consider ownership according to remaining heirs- husband and children. If she did not leave money to pay the balance, the mortgage holder may or may not allow you to assume the loan, depending on your personal credit record. The mortgage company may exercise an option to repossess the property if the heirs can not pay off the remaining note.

You open an estate. That is the purpose for the estate, to transfer property and resolve the debts of the deceased.

Send a letter to the credit card company. Include all the pertinent information about account numbers and addresses. A copy of your letter of authorization from the court should also be included. The credit card company will then file a claim against the estate for any balance owed.

If you have your letter of authorization, it shouldn't be an issue. The letter is issued by the probate court. The estate should establish a bank account. It will require a tax ID as well.

The first step is to legally open the estate. You may wish to consult a probate attorney. Most courthouses can provide a packet of required forms. The executor of the estate will deal with the debts and assets. If the debts are joint responsibility, they won't go away.

No they are not responsible. Anyone under the age of majority cannot be held to a contract. However, it can ruin credit early on to have such things attached to the name.

The landlord must give you a copy of your lease within 30 days. There is usually a paper you both sign saying you received it. If it is lost you are not liable to stay in the apartment. On the other hand, this also means the landlord can evict you or raise your rent on you without warning because of no proper documentation.

The fastest and best way to pay back a credit card debt is to pay more than the minimum payment. It is best to pay as much as you can afford in order to pay the balance down as soon as possible. The quicker you pay down the balance the less interest you will end up paying.

There are several companies available for help with tax debt relief. Some of these companies include CareOne Debt Solutions, NetDebt Online Debt Solutions, Debt Consolidation America, Oxford Tax Partners, and Debt Options.

The government is responsible to pay all back debts.

If you inherit money willed to you in the state of North Carolina, you must pay taxes on the money. Inheritance taxes are more than regular employee taxes.

depends did she buy a lot? Or all of it?

Extortion is the unlawful demand for money, goods, or preferential treatment, without it providing the other person with any tangible benefit.

You are not normally responsible for your mother's medical bills after she dies.

It would depend on whether they are legally separated. If they are still married, she could be held responsible.

The spouse is not personally responsible for the medical bills, unless they co-signed them. However, the estate is responsible. Which means that the estate may be depleted, and the may spouse not inherit anything.

It depends on if California is a community property state or non-community property state.

Yes it possible would have to pay some federal income tax on any gain from the sale of this land. This will depend on how long you have held the land after it was inherited and your adjusted cost basis of the land when it is sold and the use of the land before it was sold.

The widow is not directly responsible for the medical bills unless they signed the paperwork, which is often the case. However, the estate is going to be responsible. Which means that the estate may be depleted and a lien placed on the house. The spouse may not inherit anything.

It depends partially on the age of the children. If they are not adults, the parents are responsible. If the children are above the age of majority, and not on their parents' insurance, they should be responsible for their own debts.

of course; it would be offensive if not

In Indiana the estate will be responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed and any remainder distributed.

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