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So Many People Are In Debt In The Us, What If Many People Die Before They Pay Off Their Debt? Who Will Help?

the deseased to pay off their debt?

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  1. When someone dies, the person’s estate becomes responsible for all debts. The debts must be paid before any assets can be distributed to heirs.
    If there are no assets, then the creditors have to write the debt off.

    - bdancer2
  2. I don’t think the deceased are too worried about paying off their debts.

    - KevinStu
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