Thursday, August 6, 2009

By Law if my spouse passes away am I responsible for his credit card debt if im not on the account?

It depends on the area, but normally yes.



By Law if my spouse passes away am I responsible for his credit card debt if im not on the account?

That%26#039;s incorrect. You%26#039;re not responsible if you%26#039;re not on the account. If they try to pursue you, hire a lawyer. Individual accounts are just that, you%26#039;re individually responsible for.



However, if you%26#039;re a co-signer on the account. The situation would be different.



By Law if my spouse passes away am I responsible for his credit card debt if im not on the account?

No.



They will ask for the money from you-- and they can even make it SOUND like you%26#039;re responsible for it (especially if you were a supplementary card holder). But legally, if you%26#039;re not on the account, you are not responsible. He signed the liability, not you.

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