FINANCIAL EDUCATION

Mar 3, 2020 3:00:00 AM Debt

What Happens to Debt When Someone Dies?

In an ideal world, our debts would be wiped clean once we passed away. Unfortunately, this is not usually the case. In reality, the process of dealing with debt after someone dies can get a bit complicated. Depending on the type of debt and the situation, debts may be discharged, collected through other methods, or fall on the co-signer or joint account holder.

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