The estate pays the debt
If you cosign a loan and the other person dies, you may become responsible for repaying the loan in full. It is important to carefully consider the risks before agreeing to cosign a loan.
bank takes back
None, if you mean refinance a debt in the chapter 13. If your car dies, and you can find one that does not require a payment much more than you were paying before, you can probably get it approved by the trustee and the court.
You are still respnsible for paying should the borrower die.
yes
The estate of the person who dies is responsible for paying off the debt.
A person who inherits goods when someone dies.
A person who inherits goods when someone dies.
no
It is a contract. Person dies, claim is paid according to policy.
In a case such as this, I suggest that the obligee file an estate claim for the unpaid support.
No. An unsigned Will is not valid.
The executor does not have any rights or responsibilities before the person dies. Being paid makes no sense and is not a legal right.
then i think you start paying off either his family or his estate.
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Yes
No, the responsibility belongs to the estate. If the estate does not have enough assets, the debts have to be written off.