If my husband died, would I be responsible for his debts? Does a debt die with you, or would the house have to be sold, for example, to pay off his creditors?
You would only be responsible for any outstanding debts if they were in joint names, for instance a joint credit card account or mortgage. Generally speaking married couples aren’t responsible for each other’s individual finances. Your husband’s debts would be met from his estate if possible, and this could include creditors seeking repayment from his share of your house. Depending on the size of the debts it’s possible, under provisions included in the Insolvency Act 2000, that the house would have to be sold to pay them off.