L
lemming76
Guest
What is the name of your state? MD for US matters, international: AUSTRIA
Hi!
First off, this might be a bit complicated and I hope I can manage to explain the circumstances properly and clearly...
My family is from Austria, and from 1989 to 1996 we stayed in the US because my dad had a job there. Since then my parents kept a checking account in the name of both of them, and a credit card in the name of my father. Currently, the checking account has a balance of about 200 USD, while the credit card account is charged with about 4500 USD.
Unfortunately, a couple of weeks ago my dad died and my mom took over the financial matters.
Aside from the accounts there are no assets whatsoever left in the US. In Austria, he left a car and an apartment (originally running in the name of both of my parents), however, there are also several loans to be paid off. The sum of the Austrian accounts, loans, and properties basically comes to zero, possibly even in the negative.
The questions I have are:
1. What law will be applicable concerning the US accounts? local MD/US law or Austrian law?
2. if US law is applicable, will my mom be liable for the credit card debt and to what extent?
3. what are the next steps that should be taken by us?
Thanks a lot for any help and info that you can offer!
Sincerely,
Chris
Hi!
First off, this might be a bit complicated and I hope I can manage to explain the circumstances properly and clearly...
My family is from Austria, and from 1989 to 1996 we stayed in the US because my dad had a job there. Since then my parents kept a checking account in the name of both of them, and a credit card in the name of my father. Currently, the checking account has a balance of about 200 USD, while the credit card account is charged with about 4500 USD.
Unfortunately, a couple of weeks ago my dad died and my mom took over the financial matters.
Aside from the accounts there are no assets whatsoever left in the US. In Austria, he left a car and an apartment (originally running in the name of both of my parents), however, there are also several loans to be paid off. The sum of the Austrian accounts, loans, and properties basically comes to zero, possibly even in the negative.
The questions I have are:
1. What law will be applicable concerning the US accounts? local MD/US law or Austrian law?
2. if US law is applicable, will my mom be liable for the credit card debt and to what extent?
3. what are the next steps that should be taken by us?
Thanks a lot for any help and info that you can offer!
Sincerely,
Chris