How does debt work when the debtee passed away?
In: Other
It all depends on the laws wherever you live.
Broad strokes: in the US, when a person dies their remaining assets are used to pay any outstanding debts. After that, any remaining assets are distributed among the person’s heirs according to their will. It’s not generally possible for a person to inherit someone else’s debt unless they were a co-signer or something.
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