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In California is the surviving spouse responsible for credit card debt if there is a living trust?
Wiki User
∙ 16y ago
= Is my spouse responsible for my debt? = By Eugene S. Melchionne, Connecticut Bankruptcy Attorney on Mar 29, 2007 in Debt Collector Abuses, Connecticut, Marriage and Debt, General Bankruptcy Information For along time in the United States we have recognized that husbands and wives are separate legal entities. We may take for granted that women can own property in their own name or that a husband does not 'own' his wife. But we do accept that generally speaking, spouses are not responsible for each other's debts. They can file for bankruptcy alone. But is this entirely true? For the most part, yes. However, many states also have spousal support statutes which mean that a spouse is responsible for the other's health and welfare, meaning food, shelter, and medical care. The interpretation varies from state to state. Look for this to be the latest scam of debt collectors in trying to collect a debt. The debt collector will tell you that the credit card was used to buy clothing or purchases at the local drug store or something used for the house and therefore, you are responsible for that spousal support debt. Check out this article at the Association of Credit and Collection Professionals. Bankruptcy Basics: What Is An Adversary Proceeding? by Karen Oakes, Southern Oregon Bankruptcy Attorney Can They Still Take My Furniture, Jewelry, and Electronics after Bankruptcy? by Michael Doan What Is Zombie Debt and Why Is It a Problem? by Kent Anderson, Oregon Bankruptcy Attorney The Collection Agency Says They're Going To Garnish My Wages, Take My Car And Force Me To Sell My House To Pay My Debts: Can They Do That? by Douglas Jacobs, California Bankruptcy Attorney Violation of the Bankruptcy Discharge Injunction may have you seeing Green! by Carmen Dellutri, Attorney at Law
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∙ 16y ago
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Does someone living at an address with a bad credit history affect the credit rating of that address for anyone else living there?
No. Credit is tracked by the individual, not by an address.
Where is Prospera Credit Union?
"Prospera Credit Union is a locally owned and operated credit union serving anyone living or working in Wisconsin's Outagamie, Winnebago,and Brown.that where prospera credit union is from."
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.
My husband has left our address and living somewhere else and has left me to pay all mortgage and bills but is still using this address for credit cards and loans will this affect me or home in any WA?
Depending on the state you live in, you can be held responsible for your husband's debts because you are still married to him. You should talk to a lawyer.
Where can one get credit auto loans?
There are a lot of places in order for one to get credit auto loans. However, it depends a lot on where one is living in order to have more details information on where one can get credit auto loans. One might want to check out the website capitalone.
Is a surviving spouse responsible in Oklahoma for Credit card debt of the deceased spouse if the living spouse never signed and document?
In Oklahoma, the deceased's estate is responsible. The spouse can be held as a beneficiary of the costs and by inheriting less from the estate.
Will your family have to pay your visa bill after you pass on?
If the surviving family members are not joint account holders or a surviving spouse who was living in a community property state, they are not responsible for the debts of the deceased. The deceased estate (if any) is to be probated (when required) and any assets are used to pay outstanding debts in their order of priority according to state law. FYI, authorized signers of credit card accounts are not joint account holders and not responsible for debt incurred. Likewise in some CP states the surviving spouse cannot always be held accountable for all debts solely incurred by the deceased spouse.
What is the difference between living and surviving?
Living is enjoying life, loving, having fun. Surviving is just going from paycheck to paycheck. No fun. No games.
In NH if a married spouse expires is the surviving spouse responsible for a credit card debt of the deceased spouse if the living spouse never signed any document.?
In Ohio, if the debt was owned jointly, then yes, you are responsible. If if wasn't, they cannot make you liable for another's debt. This is in Ohio. Credit reports are held in both owners name, if they are co-owners or own the debt jointly, such as a home mortgage. If the credit card is owned by spouse1 and spouse2 does not have permission to use it, then spouse1 is the only responsible person for that debt. Spouse2 cannot be held responsible - in all financial transactions in the state of Ohio, even if the debt has incurred from some other country or state. Wherever you reside determines the law for the consumer. Check your state for that.
Are the surviving children responsible for paying off their own debt backed by the estate of the deceased?
The estate is responsible for paying off the bills of the deceased, first and foremost. Surviving children should not have access to the funds until the estate is settled. If the children are minors, the court will appoint a guardian and will usually advance living expenses to insure they aren't without money and a place to live.
What means the opposite of survive?
Surviving is the opposite of Living on the scale of life. You could easily describe your life as mearly surviving or alternatively really living.
Can California require a step parent living in another state to report his income or pay child support?
Stepparents are not responsible for their stepchildren.
I am a resident 19 years old living in California can i move out without my parents' permission?
{| |- | Yes you can. The age of majority in California is 18. Once your reach that age, your parents are no longer responsible for you. |}
If there is a living trust upon death is the trust responsible for paying all the credit card debt?
No. Not unless the payment of debts was made a provision of the trust. Otherwise a decedent's estate is responsible for paying debts before any distribution can be made.
What is the cost of living percentage in the state of California?
cost of living in California
Does someone living at an address with a bad credit history affect the credit rating of that address for anyone else living there?
No. Credit is tracked by the individual, not by an address.
Is your California living will legal in Nevada?
No, a living will in California may not be used legally in Nevada.
