2006-08-16 03:01:49 · 8 answers · asked by lia_143 1 in Business & Finance ➔ Credit
Were they joint accounts or in her name only?
If they were joint accounts, he is responsible for paying them.
If they were in her name only, the estate is responsible. If she had no assets or life insurance, then the bills do not get paid and the company takes a hit.
I'm sorry about your mom.
2006-08-16 03:15:55 · answer #1 · answered by BoomChikkaBoom 6 · 0⤊ 0⤋
Your mother's estate is liable for her debts. The executor of her will, or her estate has the fiduciary responsibility to notify all indebted of her death, and to settle the accounts. If your father was the executor, then he is responsible for any outstanding debts not paid by her estate. If he is not the executor, then he is not personnaly responsible for her debts, unless he co-signed on those debts. (Like a mortgage, for example).
2006-08-16 03:08:04 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Maybe. Any debts that occur during a marriage are shared. But it may depend on if it was soley her card, or if both the names were on the account.
2006-08-16 03:08:48 · answer #3 · answered by Fleur de Lis 7 · 0⤊ 0⤋
First im sorry about your loss, and no your dad is not responsable for her debt when a person dies there debt dies with them I heard this on Suze Orman show.
2006-08-16 03:10:41 · answer #4 · answered by unique 1 · 0⤊ 0⤋
absolutely. What debt was hers is now his. I'm sorry about your mother. Mine passed away about 3 years ago.
2006-08-16 03:06:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋
not unless his name was on/attached to the debt. hopefully they had credit insurance.
2006-08-16 13:17:15 · answer #6 · answered by Anonymous · 0⤊ 0⤋
yes
2006-08-16 03:05:18 · answer #7 · answered by Marianne 2 · 0⤊ 0⤋
yes he is.
2006-08-16 03:06:47 · answer #8 · answered by Anonymous · 0⤊ 0⤋