2007-04-17 14:13:02 · 14 answers · asked by flowers 1 in Business & Finance ➔ Credit
No, a dead man can't pay anything. They'll ask for a copy of his C.O.D. Certificate of Death, and the charges will be written off as a death loss to the credit company.. You will not be liable if you're not an authorized user.
2007-04-17 14:20:25 · answer #1 · answered by pancakes & hyrup 6 · 0⤊ 0⤋
It all depends on the state you are in. Credit cards may be different but hospital bills and the like will come out of the estate and then you would be liable for the balance after that if you are in a community property state. Check with a local attorney, but the best advice is for your spouse to make sure he has enough life insurance to cover his debt and funeral expenses and your expenses for at least a year.
2007-04-17 21:26:28 · answer #2 · answered by Jenn 1 · 2⤊ 0⤋
Do you mean that you're not a signer on his account, or that he didn't give your name when he applied for the card? It makes a difference which is the situation.
If he died, his estate would still have to pay his debts before you got what was left. So, assuming he has insurance or a bank account, his debts would still be paid.
2007-04-17 21:18:26 · answer #3 · answered by Still reading 6 · 0⤊ 0⤋
It depends on the state. If you live in a community property state, then yes you are responsible.
It could come out of the estate as well.
Too many variable, best bet is to contact a lawyer.
2007-04-17 22:43:50 · answer #4 · answered by Zzyzx 4 · 0⤊ 0⤋
There's a nice mixture of good and bad answers in here, gosh! If your name is on the account (as a primary or secondary, not authorized user) you cannot have your name removed. It will come of the estate.
2007-04-17 23:23:49 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Not you specifically, but his estate will. That means anything that he leaves to you or anyone else in his will (house, savings, retirement account, etc.) will be used to pay off debts BEFORE you see any of it.
2007-04-17 21:18:17 · answer #6 · answered by UNITool 6 · 0⤊ 0⤋
yeah if he incurred the debts while married to you. mabye the creditors wont figure out. if ur worried he might die fromn an illness or something have him take out one of the protection plans wehre if he dies its paid for so his family doesnt have to pay.
2007-04-17 23:42:24 · answer #7 · answered by lady26 5 · 0⤊ 0⤋
Yes, and if you do not want to be listed, make sure you notify the company that you are to have your name removed. That means the card will not be valid at all, and hubby must apply for new ones.
2007-04-17 21:18:07 · answer #8 · answered by Legandivori 7 · 0⤊ 2⤋
This is really simple, just tell him to get the insurance that will pay them off if he dies.
Most really require this to get approved
even tho they have to tell you its not required. Just check and see or make him do it and if he doesn't have it, get it!
2007-04-18 20:27:54 · answer #9 · answered by lectric lady 2 · 0⤊ 0⤋
Do you have the same checking or bank account I would say yes
2007-04-17 21:20:43 · answer #10 · answered by ruthie 5 · 0⤊ 0⤋