My name was listed on the checking account that my mother had. She recently died. She had a credit line attached to that checking account.

Question

J

jswjr103 Asked November 7, 2023

My name was listed on the checking account that my mother had. She recently died. She had a credit line attached to that checking account.

I'm pretty sure that I never personally signed anything requesting that line of credit.At her death she had $200.00 in her checking account but had a $1,000 balance on her credit line. I know her $200 would have to go towards paying her credit line balance but will I be obligated to pay the $800 difference due to the fact that my name is listed on the checking account? All of this is in N.C.

Elder Law Financial Planning

3 Answers

Most
Helpful Newest
First Oldest
First

Recent Questions

Related Questions

score 0 · Answer 1

You are not responsible in that aspect.

Helpful Answer (0)

score 0 · Answer 2

I would say if you did not sign anything that you are not responsible but your Moms estate is.

Helpful Answer (0)

score 1 · Answer 3

A question for a banker involved in all this. I am uncertain of what attachment this line of credit has to a checking account itself. You will need to make an appointment with a bank officer.
You say you were "listed" on a bank account. Listed as WHAT? Were you a co-owner of the account, or simple the POA? These are things we cannot guess at. Make an appt. with a bank officer today.

Helpful Answer (1)

My name was listed on the checking account that my mother had. She recently died. She had a credit line attached to that checking account.

3 Answers

Recent Questions

Popular Questions

Related Questions

Ask a Question