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the corporation

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Gertrude Carroll

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Q: Who is responsible for corporations debt?
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What is a certificate of debt issued by corporations and governments?

Bond


What are some of the socially responsible corporations out there?

Some of the socially responsible corporations out there include IBM, Intel Corp., Scotiabank, Puma and Direct Energy. Other Canadian socially responsible corporations are Honda, CIBC and the Bank of Montreal.


My Step-father died am i responsible for his debt?

No, you are not responsible for his debt. His estate has that responsibility.


Who is responsible for marital debt?

Both of the spouses are responsible for the debt. They both benefited from the debt, so they are held responsibility.


Are you responsible for your siblings debt?

You are not responsible for your sibling's debt unless you co-signed and agreed to be responsible for it. If you co-sign for a debt and the primary borrower doesn't pay then you will be held responsible for repayment.


What Corporations are not socially responsible?

There are many corporations that may not be socially responsible for a moment. Wells Fargo and other banking institutions wasn't socially responsible when they mismanaged mortgages in 2008.


Can the IRS levy a personal account because of a corporations tax debt?

For certain types of taxes yes. Payroll withholding, sales taxes, and all the other "trust fund" taxes - corporate officers and responsible parties are always personally responsible for.


Who is responsible for debt if a bank cancels a credit card?

The person who carried the card is still responsible for the debt.


Are you responsible for your deceased mother's debt with an applicance store?

If you were not listed as a joint account holder you are not responsible for the debt.


Who is responsible for debt when a person dies in Washington?

The estate is responsible for debt. That is one of the reasons for opening probate.


Is wife responsible for any debt if the husband cosigned a loan for their son in a divorce?

It's up to the judge and the laws in your state, but probably not. Likely you will be responsible for your exclusive debt, she will be responsible for her exclusive debt, and you will split shared debt and assets.


Is an executor responsible for the debt?

Not personally. The estate is responsible.