(toronto) my mother died 6 months ago, is my dad liable for her credit card debts?
Your mother's estate is liable for her debts. The executor of her will, or her estate has the fiduciary responsibility to notify adjectives indebted of her death, and to settle the accounts. If your father was the executor, consequently he is responsible for any outstanding debts not paid by her estate. If he is not the executor, then he is not personnaly responsible for her debts, unless he co-signed on those debts. (Like a mortgage, for example).
yes
Answer:
Were they joint accounts or in her baptize only?
If they were integrated accounts, he is responsible for paying them.
If they were in her christen only, the estate is responsible. If she had no assets or life span insurance, then the bills do not get compensated and the company takes a hit.
I'm sorry about your mom.
yes he is.
First im sorry give or take a few your loss, and no your dad is not responsable for her debt when a person dies there debt dies beside them I heard this on Suze Orman show.
Maybe. Any debts that transpire during a marriage are shared. But it may depend on if it was soley her card, or if both the name were on the account.
certainly. What debt was hers is now his. I'm sorry just about your mother. Mine passed away about 3 years ago.
not unless his name be on/attached to the debt. hopefully they had credit insurance.
More question :
- Whats the best means of access to repair your credit? I need to seize some things removed/closed/repaired on my credit report- whats
- I am on hollisterco.com and i hold two different offering cards..one from within and one nonspecific grant card.can i us can i use them both...is there a instrument?
- What are best credit cards for airline miles?
- Are unsecure or tenant loans a well brought-up thought if your edge have turned you down for a loan?? I am trying to raise some brass to start a small business,
- My credit report shows a lost/stolen card. Can I own that removed? Why is the thieving even on here? Is it desperate? People keep proverb that a lost/stolen credit card doesn't affect your credit