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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.
If your car has your mothers and your name on the title but she is deceased how does this affect you if it is repossessed?
Goes on your credit as a repossession.
If you don' t pay your deceased husband's ambulance bill and it is only in his name will it affect your credit?
No.
Who is responsible for credit card debt in KY after a spouses death?
For Kentucky the estate is responsible for the debts of the deceased. Only after they are resolved can the estate be closed any any remainder distributed.
Is a surviving spouse and sole beneficiary responsible in Manitoba for the Credit card debt of the deceased?
Unless both spouses signed the credit card agreement, the answer is no. The debt can only be charged against the property of the deceased, but must be fully paid (or paid as much as it can be in the case of an insolvent estate) before anything can be paid to the spouse.
What do you do with a dead spouses credit card debit?
If the surviving spouse did not sign the credit card agreement then they are not responsible for it. However, the creditors could still come after the deceased spouse's estate (i.e. life insurance) for the balance of credit. You probably want to ask an estate attorney that question.
What if deceased parent's home mortgage is more than the property can be sold for?
The bank will take possession of the property by foreclosure. If the mortgage is in the deceased parent's name it will not affect anyone's credit.
How do you report someone using a deceased spouses credit card anonymously?
A spouse is legally allowed to use a credit card and the credit card company won't care anyway as long as the bills are getting paid. You can try to report it but you need the card number and the name of the deceased as well as their social security number. Give it a try and you'll see what I mean. You'll probably get frustrated and give up.
Your husband defaulted on his vehicle loan How will it affect your credit report?
if you co-signed on the loan then your credit will be impacted negativly just as his
If the house is in your spouses name but you are on the deed can it boost your credit score?
Nope. The lender (mortgage company) is the entity that reports information to the credit agencies, so if your name is not on the loan documents the home will not affect your credit. Being on the deed gives you rights to the property but is not a credit trade line.
Estate insolvent cannot pay credit card debt affect on heir's credit history or tier score?
It does not. The debt belongs to the deceased. If the estate cannot settle the account, the credit card company is not going to get paid.
Does Wisconsin garnish a spouses wages to satisfy a credit card debt?
No, Wisconsin will not garnish a spouses wages to satisfy a credit card debt. Credit cards do not generally seek garnishments unless the amount is very large.
