A question for all you jumbo-mortgage carrying, Infinity-driving masterminds.
A friend of mine's husband passed away last year. He had pretty substantial credit card debt. Had a Jeep that he'd just bought and owed quite a bit on. Had a house worth roughly $120K that he only owed about $30K on. The deceased's mother is trying to force my friend into a probate. I have no idea what this means. Essentially, all of his creditors are going to converge on his estate (such as it is) and gobble up whatever equity he has in the house, right? If there is any remaining, it will go to my friend and their two kids.
The other question is about his debt. If anything goes unpaid - say, for instance, if they don't do a probate - will any of his debt come back on her? The credit cards were established before they met, and none of the purchases were beneficial to her. She didn't benefit from the car as she had her own, and the house was purchased well before they met, and she is nowhere on any of the paperwork...or so she says.
Sooooo yeah. What say you?
TL;DR version: is a widow responsible for her dead husband's debt?