Does personal debt die with a person? Especially if there is no will and the other persons name is not on the debt
Not Financial Advice: Yes, especially if a person dies and he has no money and no assets, then the debts are canceled out. The family will not inherit the debt.
Updated on Monday, February 06 2012 at 11:20PM GMT
Source:
www.ehow.com/...
Collections:
personal debt,
assets,
debt,
financial adviser,
family
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