MARRIED WITH COMMUNITY PROPERTY BUT SURVIVING SPOUSE IS NOT ON THE CREDIT CARD ACCOUNTS.
2007-04-19 08:05:05 · 3 answers · asked by LLC 1 in Business & Finance ➔ Credit
Even though Texas is a community property state - credit cards are unsecured debt.
If the surviving spouses name is on the property - home and/or home loan, car and/or car loan, there may not be much they can do.
If the spouse had died, then speak with an attorney ASAP.
If this is a question about what "may" happen, and you are worried about it, still speak with an attorney.
There are things a couple can do to keep assets safe - such as placing each other into trusts, etc.
2007-04-19 09:04:09 · answer #1 · answered by echo 7 · 0⤊ 0⤋
The estate pays the bills and then, and only then, the remainder goes to the spouse or other beneficiary.
2007-04-19 08:08:59 · answer #2 · answered by Still reading 6 · 0⤊ 0⤋
The amount due will be taken out of any death benefits the person may have. If there are no benefits to use, the responsiblity will fall on the next of kin.
2007-04-19 08:12:40 · answer #3 · answered by rebel g 4 · 0⤊ 1⤋