Sunday, August 22, 2010

If you marry someone in bad debts and they die is the spouse responsible for their debts?

i have a friends - yes really ! who wants to marry a really nice person who sadly has a very grave illness as well as being in bucket loads of debt. I want to see that he is not going to have to pick up the tab for her debts when she passes on.If you marry someone in bad debts and they die is the spouse responsible for their debts?
NO%26lt;NO%26lt;NO, the answer to this is NO. Your not responsible for any debt that exist's before the marriage. Your only responsible for things you purchase together or while married





The first 4 answers are CORRECT no matter how many thumbs down we get. The answer is NO to your questionIf you marry someone in bad debts and they die is the spouse responsible for their debts?
NO, the only debts he would be responsbilbe for would be the ones they made together....The ones that were made prior to their marriage is solely her responsibility... His name would not be anywhere near them.....Now if their are medical bills made after the marriage, he would be responsible for those...But I am sure she has health insurance and other things set aside for her funeral and such...Here's a good example. Last July I married a man that was in debt up to his eyeballs. He pays his bills himself. They are all in his name. If somehting were to happen to him, I would not be responsbile , my name is not on them..! Any bill we make together, WE would be responsible for !
when a bank or creditor pulls your credit report they are only allowed to pull the ss# given. so if they get married and have no joint accounts she wouldn't be liable for anything before their wedding date.


debt collectors will lie and say you assume their debt when you get married but this is not true. couples get married all the time and one or the other have some bad credit reporting and when they file for a joint loan they get denied. but the one with good credit can still buy things on their credit. no law says you have to file for a loan together.
If the answer is no, then WHY did the IRS take 83% of my refund (after they already split it in 1/2) to payback business debts my husband occured BEFORE we were married? I appealed it (because it was to the tune of $873.00) but they said that they considered it ';community property';. The debt happend several years BEFORE we were married. It even happend BEFORE we even knew each other.!
If your name isn't on it i don't think so, especially if the dept was made before the marriage. The dept will have to be paid by his estate, i.e. any life insurance, or anything that he had ownership of before he died, like a house or car or collectibles anything like that can be seized in order to pay the dept.
No - if the debt was made before they were married and are solely in her name then he will not be responsible for her debt after her death - if she has estate it will be taken from that.





Any debt they amass AFTER they marry can legally be seen as his too but anything before they married he will not be responsible for.
No, the spouse is not responsible for the debt except in cases of a community property state or as related to an estate.





Meaning if she owns property it will go to satisfy creditors before transferring to the widower.
If the debt was made before the person dies ..then no. But if it is made after the marriage, and the person signs documents saying they will be held responsible then yes. Your not responsible for others debt unless you agree that you are.
Anyone who is married and has depts, bills so to speak...yes the spouse is responsible. The only way they are not responsible is if they file bankrupsy. But yes, the spouse is to take over the depts and pay them off.
I would strongly advise her to see a lawyer. Make sure that everything is understood and that any resources she should be entitled to are protected.
Well someone will have to. Debt doesn't magically just disappear if you die unfortunately.
And if this person has millions in hidden assets, your friends would want to be free of collecting any of it right?
I believe once they're married, what's hers is his.
i guess yes.
yes
i think no one could be forced to pay but just dont run away or deny it

No comments:

Post a Comment