he quitclaimed deed the house to my and my sister. can they still come after the house?
My father passed and has 2 credit cards in his name, i hear they can came after his estate but he quitclaimed?
my condolences to you and your sister. The death of a parent is frequently a very painful time.
probate law is determined at the state level in the United States.
since we don%26#039;t know where you are, we can only respond with general ideas.
***
it may turn on whether your father knew he was dying.
if he did, many states will disallow any asset transfers made in anticipation of death that have the effect of avoiding paying off the person%26#039;s fair and honest debts.
if he did not know, some states will still allow his creditors to reach any assets that were transferred without significant consideration [gifts -- and the quitclaimed house qualifies] if the transfer has the effect of preventing collection of the debt.
other states may require a court hearing on the subject.
Louisiana law is so different that I have no idea what their law provides.
My father passed and has 2 credit cards in his name, i hear they can came after his estate but he quitclaimed?
Your fathers estate would be responcilble for the bills. They can not come after them home if it is not in the estates name.
My father passed and has 2 credit cards in his name, i hear they can came after his estate but he quitclaimed?
many credit card contracts state that in the event of the card holder%26#039;s demise, the debt is cancelled.
if not, the creditor has a right
to go after the assets of the
borrower, living or not.
no offense intended.
A quit claim does not protect anyone.
It only means, %26quot;whatever I owned,
I hereby give to so and so.%26quot;
When the creditor reviews the
date of the quit, he/she can state
this was done to avoid the debt.
Any good atty will be able to get the
quit voided and thus, the lender
of goods/services can sue the estate for payment. It is only fair!
My father passed and has 2 credit cards in his name, i hear they can came after his estate but he quitclaimed?
The estate is responsible for the credit card debt. If there is not enough money in the estate, the credit card company is out of luck. They can not come after the house if it was quit claimed to you.
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