They are not on any of his bills. I am having a little dispute with a friend over this...... I say no they are not, my friend says the parents would be responsible. Which one of us is right ???
2007-01-21 11:53:22 · 7 answers · asked by Anonymous in Business & Finance ➔ Credit
if he is a minor yes they are responsible but a minor shouldnt have any bills so no they are not responsible.....
2007-01-21 12:02:11 · answer #1 · answered by starla 3 · 0⤊ 0⤋
The parents are not liable for their son's bills unless they have signed to become liable. In some states, the parents could become liable for the debts if they start to pay them and the creditor can show that it relied upon the parents to its detriment. For example, if the estate had assets and the creditor decided to forgo collection against the estate in the belief that the parents would continue to pay the debt - that is a tenant in the law called "detrimental reliance." It is not recognized in some states. Also - certain debts may become the parent's debt by operation of specific statutes - such as medical bills. That is called "the Doctrine of Necessities" and although it arose from the common law, it has been codified in some states. Other than medical bills, no others would pass to the parents, and the statutes concerning medical bills would only apply if the son was a minor. So - the short answer is "no", with some possible exceptions.
2007-01-21 20:09:17 · answer #2 · answered by Quantum Aurelius 2 · 2⤊ 0⤋
The only person legally liable for the debt it the deceased. Before someone dies they should have had a will drawn up advising what is to be done with their assets when they die. If there is a will, the executor will need to make sure the provisions are handled. If there is no will and there are no co-signers or guarantors on the loans (credit cards, mortgages, auto loans, signature loans, etc.) and there are no assets then no one is responsible for the debts. The creditors lose out which is a shame.
2007-01-21 20:01:25 · answer #3 · answered by Inquisitive125 3 · 0⤊ 0⤋
His estate is responsible for the debts. If there is nothing left after his death then the debt is finished. Parents, do not count unless they are co - signers on any loans or cards.
2007-01-21 20:02:35 · answer #4 · answered by John H 6 · 1⤊ 0⤋
Well when my father died I was held responsible for the few bills that he had.
2007-01-21 20:01:21 · answer #5 · answered by Anonymous · 0⤊ 1⤋
You are not responsible, yur name is not on the bills
2007-01-21 22:18:32 · answer #6 · answered by Iamamom 2 · 0⤊ 0⤋
If he single his parents must pay. If he married his wife or his son(if he is up to 18) must pay
2007-01-21 20:01:28 · answer #7 · answered by pickering777 1 · 0⤊ 0⤋