debt
 

 debt







 

Question by  blackley (64)

Does debt collection continue after death?

 
+6

Answer by  MSH (305)

the only way debt collections continue after death is if there is a co - debtor or in the person had enough money in the estate to pay all of his bills. Generally the administrator the the persons estate will handle these details and pay all valid bills that are presented

 
+5

Answer by  Duncan (1124)

If you have any money or assets in your estate, then creditors can seek to get their money from that. If there are multiple creditors with claims that exceed the amount of the estate, they split it by priority. If you die without any assets at all, then creditors cannot force your relatives to pay for your debts.

 
+5

Answer by  tamarawilhite (17883)

Debts are owed must be paid against the estate of the deceased. If there was no estate left after debts were paid, then send a letter to the debt collectors that there is no estate left to pay income from.

 
+5

Answer by  Roland27 (16334)

After death if you have any money left it will be used to pay off your debts to these companies. However, it's best to get rid of them before you die so you can pass any money, your home and other possessions that you may have onto your children and family.

 
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