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whateverroig

Joined: 28 Jul 2007
Posts: 5
4.34 Dollars($)
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Posted: Sun Aug 05, 2007 8:14 pm Post subject: credit card debt - spouse passed away |
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| My husband passed away leaving credit card debt. The debt was in his name only we live in Florida. Can credit card companies come after me for the money? Can they lien my home? What should I do? It was alot of debt. I have my own student loans and car payment. |
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larry

Joined: 27 Jun 2007
Posts: 3328
474.49 Dollars($)
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Posted: Sun Aug 05, 2007 11:06 pm Post subject: |
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Hi Whateverroig,
The debts were in the name of your husband. But after his death, the credit card company may ask you (the surviving spouse) to pay of the deficit balance. First, they would seek a judgment against you in the court. In that case, if it is possible, you can sell the home and stay in a rented property. In this way, you will be able to pay off the outstanding debts.
BTW, you have not mentioned if the debts are secured or not. If you can state this, then I'll be able to help you further. |
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Niicss

Joined: 03 Oct 2005
Posts: 2620 Location: New Jersey
409.63 Dollars($)
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Posted: Mon Aug 06, 2007 6:20 pm Post subject: |
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Sorry to hear about your husband's death Whateverroig.
The debt will be repaid out of your husband's estate. At the time your husband's property goes through probate procedure payment will be done to creditors.
Credit card companies cannot come after you for recovery of those debts. Also they cannot put a lien on the house if credit card debt is not a secured debt. _________________ Good is the Enemy of Great. |
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betty j
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Posted: Tue Aug 07, 2007 4:22 pm Post subject: |
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| Quote: | | My husband passed away leaving credit card debt. The debt was in his name only we live in Florida. Can credit card companies come after me for the money? Can they lien my home? What should I do? It was alot of debt. I have my own student loans and car payment. |
The remaining debt will be paid off from your husband's property. Creditors won't be asking for repayment from you. |
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wildstorm_films

Joined: 22 Aug 2007
Posts: 131
8.70 Dollars($)
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Posted: Fri Aug 31, 2007 4:46 pm Post subject: |
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| If the debt was in the husbands name only, then the credit card companies shouldn't be able to pursue payment from her. She didn't apply for the credit card debt. He did. Therefore its not her responsibilty I think. If she applied with him or something, then I can understand the credit companys wanting her to pay for the debt. Thats how I see it anyways. |
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miller_st

Joined: 17 Jan 2007
Posts: 917
168.92 Dollars($)
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Posted: Fri Aug 31, 2007 5:19 pm Post subject: |
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"If the debt was in the husbands name only, then the credit card companies shouldn't be able to pursue payment from her. She didn't apply for the credit card debt. He did. Therefore its not her responsibilty I think."
You are right Wildstorm.
After his death, the debt will be repaid out at the time when his estate will go through the probate process. His wife does not have any personal obligation of paying that debt. |
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Julia
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Posted: Fri Jan 30, 2009 10:04 pm Post subject: credit card debt of someone who passed |
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| My father passed and my mother is told by lawyers that she is responiable for his debt. He made much more then her and she has been told she has to pay it off, $1,500 per month I dont think she even makes that much a month. What do we do????????? |
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msnover92571

Joined: 10 Feb 2009
Posts: 145 Location: California
0.45 Dollars($)
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Posted: Tue Feb 10, 2009 11:30 am Post subject: |
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| I dont think ur held liable for debt as its not in ur name. And you didnt apply for it in the first place. |
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Missy12342008

Joined: 24 Feb 2009
Posts: 19
10.57 Dollars($)
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Posted: Tue Feb 24, 2009 3:35 pm Post subject: credit card debt |
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| my mom, and dad had a car in both of their names when my dad became sick w/ cancer my mom could no longer afford the payments, and I think she had some kind of insurance on it so that if he got sick the company would pay for it. my dad ended up passing away not much later, and they asked for proof that he had died so my mom had to send all the companies that he owed money too a copy of his death certificate so if they call you asking for money just let them know that he passed away, and you can send them proof of that. Then they shouldn't bother you further so I'm pretty sure you shouldn't have to pay off his debt that wouldn't be fair at all. |
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Willow23
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Posted: Sun Apr 05, 2009 9:13 am Post subject: Credit card debt |
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| Do not pay off any credit card debt that is in someone elses name. If you didn't apply for it then you are not responsible. My wife died with $15,000 in crdit card debt. The credit card componies tried to get me to pay it off but eventually stopped bothering me. It is unsecured debt and ther is nothing they can do. |
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delaine
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Posted: Thu Sep 10, 2009 4:48 pm Post subject: credit card balances |
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| I was wanting to know, for sure, if your spouse passes away and he had all of the credit cards in his name, are YOU responsible? |
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jameshogg

Joined: 20 Dec 2005
Posts: 4291 Location: nevada
509.34 Dollars($)
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Posted: Thu Sep 10, 2009 11:07 pm Post subject: |
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Hi delaine,
If all the credit cards were in your deceased spouse's name, then you would not be held responsible for the credit card debts.
Thanks |
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sunnyca2009

Joined: 04 Aug 2009
Posts: 1737
36.13 Dollars($)
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thewretched02

Joined: 23 Jun 2009
Posts: 115
23.90 Dollars($)
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gmakerley
 Community Mentor

Joined: 09 Nov 2007
Posts: 7447 Location: bloomfield, ct
70.06 Dollars($)
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Posted: Fri Oct 30, 2009 2:40 pm Post subject: |
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the estate is liable for payment of debts, not any surviving spouse. _________________ George M. Akerley
Loan Consultant
860-221-5044 |
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