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Will the surviving spouse's credit rating be affected by the repossession of the deceased spouse's car?
AnswerIf the surviving spouse was not a joint borrower on the vehicle loan the repossession affect/appear on their credit report.
What happens to bank accounts after a spouse dies in Georgia?
Funds are transferred to the surviving spouse
Is the surviving spouse responsible for medical bills in Georgia?
For Georgia, the estate will be responsible. The spouse indirectly will pay, as they cannot inherit until they are resolved.
In the state of Georgia if a spouse receives life insurance benefits is the surviving spouse responsible for the deceased spouse debt if surviving spouse's name is not on any of the debt owed?
In Georgia, as in most states, life insurance proceeds to a named beneficiary become the property of the beneficiary and are therefore not accessible to the creditors of the decedent. Of course, this does not apply to joint debt between the spouses or any debt solely in the name of the surviving spouse. In short, if the surviving spouse's name is not on the debt of the decedent, the surviving spouse has no legal obligation to pay such debt.
In Alabama is a surviving spouse responsible for the credit card debt of their deceased spouse?
Alabama is not a community property state, the surviving spouse is not responsible for creditor debt unless he or she was a joint account holder.
If your spouse dies and has credit cards in their name only can the surviving spouse negotiate with the creditors to get the amount reduced?
yes they can
In Connecticut is a surviving spouse responsible for paying decease spouse's credit card d?
In Connecticut, a surviving spouse is generally not personally liable for the deceased spouse's credit card debts unless they were a joint account holder. However, the deceased spouse's estate is responsible for settling any outstanding debts, including credit cards, before distributing assets to heirs. If the estate lacks sufficient assets to cover the debts, creditors may not be able to pursue the surviving spouse for payment. It's advisable for the surviving spouse to consult with a probate attorney for guidance specific to their situation.
When a couple owns a lot of property in Georgia and one dies does all the property go to the spouse?
In Georgia, whether all property goes to the surviving spouse depends on how the property is titled and whether the deceased spouse left a will. If the property is jointly owned with the right of survivorship, it automatically passes to the surviving spouse. However, if the property is solely in the deceased spouse's name and there is no will, Georgia's intestacy laws dictate that the property may be divided among the surviving spouse and any children. It is advisable to consult an attorney for specific legal guidance in such situations.
Would a credit card company reissue a card to a surviving spouse with a low income?
No, a creditor would not issue a card or extend credit on the account of a deceased spouse. The creditor might be willing to issue a card to the surviving spouse based on his or her own financial situation.
Who is responsible for Spouse credit card after death?
The estate of the credit card holder. If the surviving spouse was an approved user, or co-signee they would also be responsible.
Is a surviving spouse in New York responsible for repayment of credit card debt only in name of deceased spouse?
yes.
In Pennsylvania is the surviving spouse responsible for the deceased spouse's medical and credit card debt?
No, the spouse is not responsible. However it does come out there assets left behind.
