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After a suicide, the responsibility for any outstanding debts typically falls to the deceased's estate. This means that the estate's assets will be used to pay off debts before any remaining assets are distributed to heirs. If the estate does not have enough assets to cover the debts, they may go unpaid, and family members are generally not personally responsible unless they co-signed the loans or debts. It's important for survivors to consult with a legal or financial professional for guidance in these situations.
What else can I help you with?
Who pays the debt if your partner dies?
nobody
Who pays interest on the national debt?
The people do.
What is the suicide rate of debt collectors?
not high enough
How does a serf become a freeman?
he pays his debt to the person he serves
Who pays for your debt if you die if your estate doesn't cover it?
your family
Who pays the credit-card debt of a deceased person in Ontario Canada?
The estate pays. If nothing in the estate they do not get paid.
What time does Gregor die in the metamorphosis?
when he pays off his parent's debt
Explain the procedure to be followed when a customer whose debt has to be previously been written off as a bad debt subsequently pays the amount originally owing?
Explain the procedure when a customers has been previously written off as a bad debt subsequently pays the amount originally owing .
Who pays credit card debt if you die?
The debt will be paid from your estate. If there isn't enough, then the debt is discharged. The debt itself will not pass on to next of kin but a sizable debt might mean none of the deceased's estate does either.
Under the articles of confederation who pays for any old war debt?
The States
What do you call it when someone pays back a loan quickly?
A sudden debt pay off is when someone pays back a loan quickly.
What if a person dies before paying off a school loan?
The estate pays the debt
