If my wife recently passed away and I was an authorized signer on some of her credit cards, am I now held liable for this debt?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
If my wife recently passed away and I was an authorized signer on some of her credit cards, am I now held liable for this debt?
She died suddenly and had no Will and no estate. We did have joint checking and savings accounts but that is it; she had no life insurance policy either.
Asked on May 17, 2012 under Estate Planning, Tennessee
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
I am so sorry for your loss. Generally speaking, you are not liable for the card if you were not the holder of the account. The estate is liable. But that does not mean that the credit card company will not call you and try to get you to enter in to an agreement. Just understand that the debt is only againt the party that signed the application for the card. Good luck.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.