Ask Experts Questions for FREE Help !
Ask
    Mandimick's Avatar
    Mandimick Posts: 7, Reputation: 1
    New Member
     
    #1

    Jul 30, 2012, 07:04 PM
    Where does that leave the debt.
    My best-friends mother passed away. She had an estranged husband who's name was not on her bankruptcy that she had been making payments on. She has 3 yrs left on this bankruptcy. What happens now? Does he have to assume the debt or is it forgiven?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Jul 30, 2012, 07:07 PM
    Depends on the will and if there is any estate or money in the banks, anything in the estate is normally sold to pay any debt first.

    No one assumes a bankruptcy, the bankruptcy was hers alone. If her estranged husband, assume they are still legally married, if he is liable for any of the debt, he was already liable.
    A bankrupty on a debt only discharges it for the person filing, it does not destroy or do away with the debt. If another person is also liable for the debt, they can still be held liable, when the other person files bankruptcy. So this death, does not make the estranged husband any more or any less liable.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Is credit card debt open account debt or a written agreement debt? [ 16 Answers ]

I am currently fighting a credit card debt action filed against me by Unifund. The issue is whether credit card debt is open account debt subject to 3 year SOL in the State of Washington or a written agreement debt subject to 6 years. I asked the same question on another forum and received an...

DEBT! What should I do debt consolidation,debt settlement bankruptcy (kind of long) [ 8 Answers ]

Hello to everyone :) I've been reding on here and seen the great questions asked and answered, and thought I'd ask a few questions. Ok so here is my situation, I have total about 35k worth the credit card debt (3 cards, amex 20k, visa 5k and another visa 10K), a 12k car loan and a house in WA....

Ex not on lease will not leave.landlord gave her 30 days.still won't leave? [ 12 Answers ]

My ex girlfriend and I were on a lease and it expired 7/15/09. I signed a new lease with only me on it. She will not leave. She stated the landlord had to give her 30 more days to leave. The landlord then sent a certified letter stating she had to leave in 30 days. She will not leave. What rights...


View more questions Search