Who is responsible for a spouse's credit card debt after death if they owned a home? |
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Answer
One contributing factor is whether the married couple resided in a community property state. If that is the case, the surviving spouse is usually responsible for all spousal debts regardless of how the account was held. If not a community property state, the debts belong to the deceased only, and should be handled according to state probate laws.
First answer by Macky. Last edit by Macky. Contributor trust: 3082 [recommend contributor]. Question popularity: 28 [recommend question]
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