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Home > Money & Services > Bankruptcy & Debt   »   who is responsible for the debt

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Old Mar 29, 2007, 06:49 AM
lab1970
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who is responsible for the debt
Is a spouse responsible for their deceased spouse's debt if it is in the the deceased party's name only?

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Old Mar 29, 2007, 07:08 AM   #2  
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The spouse is not responsible for the debt but the estate of the deceased is responsible. In a very simple situation she would pay his debt with his money before she inherits it.
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Old Mar 29, 2007, 08:33 AM   #3  
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This will depend on the state ( if in the US) there are many states where they would have possible liability, depending on the type of debt also.
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Old Mar 29, 2007, 08:50 AM   #4  
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If the spouse is the executor of the will he/she would have to pay it. If he/she wasn't, then whoever was would have to pay off any debts before the spouse (and any other heirs) would receive their portion.

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Fr_Chuck agrees: sorry wrong, only the estate is liable, not the person admin the estate. But the issue is the being married, many states are community property debts where the spouse is liable for any debts of the other made while married
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