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This means that a surviving spouse must pay the debts of the deceased spouse using jointly-held property, such as a home. States include Alaska (if a special agreement is signed), Arizona ...
If you still owe money on your home, your spouse or heirs usually have three separate options: Option 1: Sell the home to pay off the outstanding mortgage. The executor of the will can initiate a ...
Once on probation or parole, over 85 percent must pay fines, court costs, restitution, and fees for supervision. [1] As a result of CJFOs, in 2005, about 10 million people in the US owed in excess of $50 billion because of their involvement with the criminal justice system. However, a fraction of this debt is actually collected.
Although this may seem a simple matter of trespass with an unavoidable fine, it may amount to a case of implied contract (i.e. "if you park here, you agree to pay a penalty"); and such a "penalty" (read "damages") must be proportionate or else the fine will be void. Also, since the penalty notice could have been attached to the windscreen, the ...
How living in a community property state can affect your spouse. If you live in a state with community property laws, your spouse could be responsible for any unpaid medical debts after you die.
Cases are known in which one party won the case, but lost more than the monetary worth in court costs. Court costs may be awarded to one or both parties in a lawsuit, or they may be waived. [1] In the United Kingdom, Australia and Canada, the losing side is usually ordered to pay the winning side's costs. This acts as a significant disincentive ...
7. Don’t overlook your own estate planning. Dealing with the aftermath of losing your spouse requires a lot of attention and time. But what not to do financially after losing a spouse is ...
For example, if one has divorced their spouse then the debt is no longer theirs to pay and a copy of your divorce paperwork should be sent to the intercepting agency. In cases where there are disputes, but no direct paperwork to prove ones cause, then it is best to contact the internal revenue service or the other collecting agency directly.