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Who is responsible for credit card debt when a person dies in New York State?
Wiki User
∙ 16y ago
If the person left a Will then Probating the Will will pay all debts the person has left behind and what is left in the Estate (is called 'residue) and this is what is left for the Heirs in the Will. If the person dies without a Will whatever they have is sold and debts paid off, but it's not up to next of kin (unless their name is on the credit card application) to pay the debt. Example: If a husband passes away and the husband and wife's name is on the Credit Card (it usually is) then the wife is responsible for the Credit Card debt.
Wiki User
∙ 16y ago
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Is new york state subject to probate procedure for credit card debt?
Yes. A decedent's estate is responsible for the debts of the decedent.
In New York State if the mortgage and title of a property purchased during marriage are in the wife's name only is the husband responsible for payment before and after divorce?
Both are equally responsible for debts accumulated during the marraige. That includes your credit cards, her credit cards, mortgage, vehicle, personal loans, etc. * No. NY is not a community marital property state (it is a TBE state). Therefore all separately owned property and separately incurred debt belongs to the person named on the deed, title and/or lending contract.
Who is responsible for the credit card debt of deceased mother in New York who was on her own for over nine years but not legally divorced?
The fact that the couple are still married but not living together is not relevant. New York is not a community property state, that means each spouse is solely responsible for any debts made that were not jointly incurred.
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When they turn 18.
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F
Is the surviving spouse responsible for his deceased wife's debts in New York?
No, New York is not a community property state.
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A member of the lower house of the New York State Legislature.
What is the state person of New York?
Pedestrian
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In the state of New York, it is not mandatory to be bonded to start up a handyman business. However by doing so, it can help a person to get better business since being bonded shows they are more credit worthy.
Is a surviving spouse in New York responsible for repayment of credit card debt only in name of deceased spouse?
yes.
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No, she is an adult.
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