Legal Question in Wills and Trusts in Michigan
Debt Liability when no estate exists
My brother in law's wife died unexpectedly at 41. She had no property (no real estate or investments) except a small ($300) joint bank account. She did however have some unsecured debt in her name only. What is his legal responsibility for these credit card balances? He will be in a financially difficult position and although he would like to ''do the right thing'' if he is not legally responsible then I would like him to save himself the hardship it will cause. He can only work part-time now in order to raise the couples new baby. (the death was a result of the childbirth). I am afraid if he ''works out a deal'' with the creditors he will ''assume'' responsibilty and be stuck. I'm sure creditors have a ''write off'' procedure in place for some circumstances such as this but, I need details as to how he should hanle it so he is not ''burned'' later. Thanks. Any information you can provide will be greatly appreciated.
1 Answer from Attorneys
Re: Debt Liability when no estate exists
Tell him not to pay anything. That simple. Bill Stern