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Originally Posted by ashleethedil What is the name of your state? new york
my mother in law passed away a few days ago and now my father in law has learned of credit cards, in her name only, that he never knew existed. the total is quite substantial and he is worried that he will be held responsible for the payments. i am from out of state and don't know about new york state laws regarding this. can you please supply me with info? |
New York is not a community property state, so your father-in-law will not be held directly responsible for his late wife's debt. However, her estate will be. Therefore, if she owned a home, a car, bank accounts etc. the creditor will expect to be paid from the proceeds of the estate. If your mother-in-law does not have any assests then her estate is consider insolvent and nothing has to be paid. The creditor would just need a copy of the death certificate.
11-05-2005, 10:54 PM
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